John Hancock Realty Advisors recently closed the following Affordable Housing deals:
Montego Falls
Location: Elk Grove, CA Developer: St. Anton Partners, LLC Units: 132 Unit Mix: 100% Affordable Tenancy: Family Equity Investment: $9,639,539 Total Development Cost: $26,853,967 Credit Type: 4% |
The Gibraltar
Location: Clute, TX Developer: NRP Group Units: 48 Unit Mix: 100% Affordable Tenancy: Elderly Equity Investment: $5,528,889 Total Development Cost: $7,275,847 Credit Type: 9% |
Fountains at Millenia
Location: Orlando, FL Developer: Atlantic Housing Partners, LLLP Units: 376 Unit Mix: 95% Affordable Tenancy: Family Equity Investment: $35,141,328 Total Development Cost: $70,502,891 Credit Type: 9% |
Lokahi Ka'u Apartments
Location: Kona, HI Developer: Allied Pacific Development, Inc. Units: 306 Unit Mix: 100% Affordable Tenancy: Family Equity Investment: $4,697,343 Total Development Cost: $60,690,301 Credit Type: 4% |
Dauner Haus
Location: Fenton, MI Developer: MHT Housing, Inc Units: 150 Unit Mix: 100% Affordable Tenancy: Mixed Equity Investment: $28,057,475 Total Development Cost: $10,893,621 Credit Type: 4% |
Ridgewood Vista
Location: Jackson, MI Developer: MHT Housing, Inc. Units: 150 Unit Mix: Mixed Tenancy: Family/Elderly Equity Investment: $3,892,257 Total Development Cost: $15,211,221 Credit Type: 4% |