The second piece of a two property New York RAD Portfolio, with rent supplement contract and HUD 236 mortgage was successfully closed last week. The two properties, Cedars of Chili and Indian Trails, were successfully sold to Winn Companies, from Boston, Massachusetts, who are completing tax credit renovations of each. The Cedars of Chili deal was financed with tax exempt bonds and 4% low income housing tax credits (LIHTCs), and Indian Trails was financed with 9% LIHTCs. The buyer [...]
Affordable Housing Brokerage is your one stop for selling your Subsidized Housing property. Browse our Subsidized Housing property sales below to read about our successes in the marketplace. If you are ready to sell HUD Financed housing, please contact us today and we will be happy to provide you with a no risk, no obligation consultation for your Subsidized Housing property.