Brief
Richman Raises $535M Across Two Affordable Housing Tax Credit Funds
The Richman Group Affordable Housing Corporation, an affiliate of The Richman Group, has closed on $535 million of equity across two affordable housing tax credit multi-investor funds. The funds will
Summary
The Richman Group Affordable Housing Corporation, an affiliate of The Richman Group, has closed on $535 million of equity across two affordable housing tax credit multi-investor funds.
The funds will finance the acquisition, rehabilitation, and new construction of nearly 50 properties across 27 states, representing a total development cost of more than $1.
5 billion. Investors...
Source
- Connect CREconnectcre.com
