Nonprofit Partnership Preserves 345 Single-Family Twin Cities Homes

A partnership led by Twin Cities-based nonprofit Brick By Brick (B3) and Housing Partnership Network (HPN), a national intermediary, purchased a portfolio of 345 single-family affordable homes sold and managed by Pretium, a specialized investment management firm focused on U.S. residential real estate, that acquired the homes in 2021. The sale will provide stability and continuity for current residents and affordable homeownership opportunities for homebuyers. The single-family homes are located across cities in the seven-county metropolitan region.