Brief
Greystone Real Estate Capital Closes on Second Affordable Housing Fund
Greystone Real Estate Capital has closed on Greystone Affordable Housing Fund II LP, a $137-million multi-investor Low-Income Housing Tax Credit (LIHTC) fund. The fund will support the development and
Summary
Greystone Real Estate Capital has closed on Greystone Affordable Housing Fund II LP, a $137-million multi-investor Low-Income Housing Tax Credit (LIHTC) fund.
The fund will support the development and preservation of approximately 1,960 affordable housing units across 20 properties in nine states.
Approximately 84% of the equity is for developments by repeat developers. The portfolio... The post Greystone Real Estate Capital Closes on Second Affordable Housing Fund appeared first on Conn
Source
- Connect CREconnectcre.com
