Omni Sells Huge Affordable Housing Portfolio to Nuveen

Mo Vaughn’s Omni Holding Company is selling a 12,000-unit affordable housing portfolio to Nuveen. The company, co-founded by the former Major League Baseball slugger, is selling almost its entire affordable housing portfolio — consisting of large rentals across the Bronx, Brooklyn and Queens — to the asset manager, according to the Wall Street Journal. The […]