REBusinessOnline

CENTERLINE PROVIDES $72 MILLION FOR MULTIFAMILY PORTFOLIO

TEXAS AND NEW MEXICO — Centerline Holding Co. has provided $72 million in financing for San Francisco-based The Reliant Group and a group of non-profit partners for the acquisition of a 20-property multifamily portfolio in Texas and New Mexico. Centerline provided $25.3 million in tax credit equity and $46.9 million in tax-exempt bond financing. An additional $24 million was provided by other sources. Plans include a complete renovation to the interior and exterior of the properties, which are slated for completion late 2008.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Webinars on Demand


Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties