The Greater Atlanta Transit-Oriented Affordable Housing Preservation Fund is financing its first transaction since launch in January 2021 by the Metropolitan Atlanta Rapid Transit Authority (MARTA), Morgan Stanley and National Equity Fund (NEF).
Metropolitan Atlanta Rapid Transit Authority (MARTA) is teaming with the Goldman Sachs Urban Investment Group on a $100 million affordable housing and transit-oriented development (TOD) initiative.
Morgan Stanley and National Equity Fund (NEF) are establishing a $100 million fund to support the long-term preservation of affordable housing within a one-mile radius of Metropolitan Atlanta Rapid Transit Authority (MARTA) rail stations, MARTA reported. It will help boost the agency’s transit-oriented development (TOD) program.
Wall Street analyst William Greene of Morgan Stanley Research North America is telling investors in the rail sector that Canadian Pacific Railway, under the direction of newly appointed chief executive E. Hunter Harrison, “could be the most compelling railroad investment opportunity for the next three years.”
