Lincoln Place Redevelopment Moves Forward in Venice

The Apartment Investment and Management Company (“Aimco”) is moving forward on redeveloping the Lincoln Place apartment complex after receiving a $190.7 million FHA-insured loan that closed last Friday. The loan is the largest FHA Section 221(d)(4) unsubsidized loan ever insured by the U.S. Department of Housing and Urban Development. Press release from Aimco via BusinessWire: ... Continue reading at www.yovenice.com.