January 2025 - Affordable Housing Investment Brokerage

Eastpoint-LIHTC-Property-Northwood-Ohio-1

200-Unit LIHTC Sale in Ohio: Eastpoint Apartments

Affordable Housing Investment Brokerages, Inc. (AHIB) is pleased to announce the closingof Eastpoint Apartments, a LIHTC offering in Northwood, Ohio outside the city of Toledo.Eastpoint Apartments is a 200-unit community with 60% LIHTC units designed as elegant family townhomes. AHIB represented the seller in the 200-Unit LIHTC sale, with multiple offers procured above target price. The deal ultimately closed in January 2025, above the asking price at a number that resulted in sub-5% capitalization rate on trailing net operating [...]

January 14, 2025 By Kyle Shoemaker LIHTC, News LIHTC, Ohio 0 Comments

Illinois Senior HAP (M2M) Sale: Watch Hill Tower

Watch Hill Tower is a 140 unit, elderly designated, elevator building operating with a full HAP contract. The property is also encumbered by a M2M Use Agreement. AHIB marketed the property along with a portfolio of family properties in early 2024. After the campaign, it became apparent that separating the deals into two transactions. The Senior HAP M2M sale of Watch Hill closed on January 7th, after being escrow for only three months. Both seller and buyer were repeat clients [...]

January 9, 2025 By Kyle Shoemaker Uncategorized HAP, M2M Comments Off

200-Unit LIHTC Sale in Ohio: Eastpoint Apartments

Affordable Housing Investment Brokerages, Inc. (AHIB) is pleased to announce the closingof Eastpoint Apartments, a LIHTC offering in Northwood,... read more

Watch-Hill-Tower-HAP-Property-Rock-Island-IL

09 Jan

Illinois Senior HAP (M2M) Sale: Watch Hill Tower

Watch Hill Tower is a 140 unit, elderly designated, elevator building operating with a full HAP contract. The property... read more

05 Jun

Wisconsin 166-Unit Portfolio Sale: Heartland Housing

MADISON, WI/ MILWAUKEE, WI (June 3, 2024) – Affordable Housing Investment Brokerage Inc. (AHIB) was retained by a court-appointed... read more

To be a successful affordable housing real estate broker you have to be knowledgeable in the industry and know the housing programs. Because AHIB speaks our language, they match us up with buyers that meet our sales price expectations and get us to the closing table. AHIB breaks down complicated HUD/LIHTC transactions to their simplest form. Because of their expertise and valuing relationships, we look forward to working with AHIB to serve our future brokerage needs. .

David ProutPresident - Chesapeake Community Advisors, Inc.

When one of our owners needed to sell an existing low income housing tax credit property in a tough market, with existing tax credits as part of the deal, I immediately knew AHIB and Kyle Shoemaker were the right team for the job. AHIB was very sensitive to the concerns we had for our onsite employees while maximizing our owner’s best interest. Multiple offers at our target price were procured within a few weeks, including buyers who paid full value for the remaining LIHTCs.

Timothy ShaferPresident - HI Management

© Copyright 2024, Affordable Housing Investment Brokerage, Inc. All Rights Reserved. This information is taken from sources believed to be reliable. Affordable Housing Investment Brokerage, Inc. makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risks for any inaccuracies. The Affordable Housing Investment Brokerage Logo is a registered trademark of Senior Living Investment Brokerage, Inc.

Your Trusted Section 8 and Section 42 Broker

14 Jan