A Former Black Panther's Affordable Housing Project Succeeds Where Other Developers Struggle

January 12, 2024 | McCormack Baron Salazar

In recent years, developers have flocked to the blocks surrounding the West Oakland BART station, collectively proposing thousands of apartments, storefronts, and offices.  Several of these projects were…

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McCormack Baron Salazar Closes on Financing for Phase III of Perkins Homes Redevelopment in Baltimore

January 2, 2024 | McCormack Baron Salazar

McCormack Baron Salazar, in collaboration with its codeveloper, the Housing Authority of Baltimore City (HABC), proudly announces the financial closing and construction commencement of Phase III in the…

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McCormack Baron Salazar Celebrates The Opening of Senior Residences at Emerald Vista

December 7, 2023 | McCormack Baron Salazar

MMcCormack Baron Salazar (MBS), in partnership with the Puerto Rico Department of Housing, the Puerto Rico Public Housing Administration and the Puerto Rico Housing Finance Authority, proudly celebrated…

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Regional Business Council 2023 Investments & 2024 Direction

November 16, 2023 | McCormack Baron Salazar

Last week, we held the RBC Annual Board Meeting where we wrapped up a very impactful and successful year. We heard from initiative leadership about the multiple accomplishments and investments in the region over the past year. RBC members created a video highlighting the many strides we have made together.

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Onondaga County Grants $750,000 to Propel New 15th Ward/East Adams Neighborhood Transformation Plan

November 10, 2023 | McCormack Baron Salazar

The New 15th Ward/East Adams Neighborhood Transformation plan, a collaborative effort by Syracuse Housing Authority, the City of Syracuse, McCormack Baron Salazar, and Blueprint 15, has received a grant…

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AFFORDABLE HOUSING FINANCE - Richard Baron Reflects on Firm's 50-Year History

October 24, 2023 | McCormack Baron Salazar

Richard Baron, an idealistic Legal Aid lawyer representing low-income tenants in St. Louis, and Terry McCormack, an experienced labor leader and home builder, joined forces in 1973. They formed a company…

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McCormack Baron Salazar and Sacramento Housing & Redevelopment Agency Celebrate Mirasol Village Grand Opening on May 31

October 12, 2023 | McCormack Baron Salazar

On Wednesday, May 31, 2023, McCormack Baron Salazar (MBS) and the Sacramento Housing and Redevelopment Agency (SHRA) are partnering to celebrate the grand opening of the multi- phase transformative Mirasol…

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McCormack Baron Announces the Retirement of Hillary Zimmerman, President of McCormack Baron Asset Management and Senior Vice President and General Counsel

March 9, 2023 | McCormack Baron Salazar

Hillary Zimmerman, president of McCormack Baron Asset Management and senior vice president and general counsel of McCormack Baron, will retire March 31, the company announced today. Zimmerman is celebrating…

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McCormack Baron Salazar awarded $55 million in New Markets Tax Credit Allocation

October 31, 2022 | McCormack Baron Salazar

McCormack Baron Salazar (“MBS”) is pleased to announce its MBS Urban Initiatives CDE LLC (“MBS UI”) affiliate was awarded an allocation of $55 million through the U.S. Department of the Treasury's Community…

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McCormack Baron Salazar Closes on Financing for Phase I of Perkins Apartments Redevelopment in Baltimore

October 10, 2022 | McCormack Baron Salazar

Construction has begun on Phase I of the redevelopment of the Perkins Homes in East Baltimore with the closing of financing by lead housing developer McCormack Baron Salazar. Phase I includes 103 mixed-income…

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