In May of 2020, AHIB successfully closed on the sale of Mt Carmel and Mt Village II apartments in Waterloo, Iowa. The deals went under contract in the late fall of 2020. The buyer, an east coast based non-profit, AHIB, and KeyBank, the buyer’s Freddie Mac lender, worked together to keep the deal on track through the Covid-19 crisis. The closing occurred at the original sale price. A post-closing renovation is planned using LIHTC funds. The [...]
Affordable Housing Brokerage is your one stop for selling your Section 42 property. Browse our Section 42 property sales below to read about our successes in the marketplace. If you are ready to sell Section 42 housing, please contact us today and we will be happy to provide you with a no risk, no obligation consultation for your Section 42 property.