Lakeside Apartments– Successfully completed $2.7 million dollar total interior rehabilitation of 110 occupied apartment homes, as well as complete exterior rehabilitation including grounds, asphalt, and accessory buildings in this senior facility. The interior rehab, which included, but was not limited to, full cabinets, interior painting, tub replacement, 100% of appliances, HVAC replacement and water heater replacement, was all completed with the tenants in place. This elderly community is 100% Section 8. An FHA (d)4 loan with 9% tax credits was used to purchase and rehab the property. Construction was completed several months ahead of schedule.
Perrytown Apartments – Successfully completed $3.7 million dollar total interior rehabilitation of 100 occupied apartment homes, as well as complete exterior rehabilitation including grounds, asphalt, and accessory buildings. The interior rehab, which includes, but was not limited to, full cabinets, interior painting, tub replacement, appliances, washer/dryer hookups, HVAC replacement and water heater replacement, all being completed with the tenants in place. Exterior upgrades included vinyl siding, new windows, renovation of the Clubhouse, fitness trail, as well as extensive landscaping upgrade throughout the property. This family community is 100% Section 8. A 221(d)4 loan was used to purchase and renovate the property. Construction was completed on schedule.
Pine Lakes Apartments
River Oaks Apartments — Successfully completed $2 million dollar total interior rehabilitation of 100 occupied apartment homes, as well as complete exterior rehabilitation including grounds, asphalt, and accessory buildings. The interior rehab, which included, but was not limited to, full cabinets, interior painting, tub replacement, 100% of appliances, HVAC replacement and water heater replacement, was all completed with the tenants in place. This family community is 100% Section 8. An FHA (d)4 loan with 9% tax credits was used to purchase and rehab the property. Construction was completed two months ahead of schedule.
Spanish Oaks Apartments – Successfully completed $1.7 million dollar interior rehabilitation of 115 units, as well as complete exterior rehabilitation including grounds, asphalt and accessory buildings. The interior rehab included, but was not limited to, new countertops, high end appliances, flooring, tub replacement, plumbing fixtures and cabinet paint, was all completed with tenants in place. Exterior upgrades included roofing, updates to the pool area, renovation of the Clubhouse, dog park, as well as extensive landscaping upgrade throughout the property. This family community is financed with a conventional loan via Pinnacle used to purchase and rehab the property. Construction was completed as scheduled.
Springhill Apartments – Successfully completed $4.1 million dollar total interior rehabilitation of 76 occupied apartment homes, as well as complete exterior rehabilitation including grounds, asphalt, building expansions and accessory buildings. The interior rehab, which includes, but was not limited to, full cabinets, interior painting, tub replacement, appliances, washer/dryer hookups, HVAC replacement and water heater replacement, all being completed with the tenants in place. Exterior upgrades included vinyl siding, new windows, renovation of the Clubhouse, playground, as well as extensive landscaping upgrade throughout the property. This family community is 100% Section 8. A 221(d)4 loan was used to purchase and renovate the property. Construction was completed on schedule.
Woodlea Oaks Apartments – Construction in progress- $1.7 million dollar interior rehabilitation of 200 units, as well as complete exterior rehabilitation including grounds, asphalt and accessory buildings including new clubhouse and pool. The interior rehab includes, but is not limited to, new countertops, high end appliances, flooring, tub replacement, plumbing fixtures and cabinet paint, and is being completed with tenants in place. Exterior upgrades will include extension of parking areas, new clubhouse and pool and extensive landscaping upgrade throughout the property. This family community is financed through M&T Financial Corp used to purchase and rehab the property.
James Towne Village Apartments – Successfully completed $1.1 million dollar rehabilitation of kitchens of 112 units, as well as complete exterior rehabilitation including grounds, asphalt and accessory buildings. The interior rehab included, but was not limited to, new countertops, high end appliances, plumbing fixtures and cabinet paint, was all completed with tenants in place. Exterior upgrades included Hardi-Plank siding, updates to the pool area, renovation of the Clubhouse, fitness trail, as well as extensive landscaping upgrade throughout the property. This family community is financed with a conventional loan via BNC used to purchase and rehab the property. Construction was completed as scheduled.
Haven Oaks Apartments — Successfully completed $ 2.1 million dollar total interior rehabilitation of 104 occupied apartment homes, as well as complete exterior rehabilitation including grounds, asphalt, and accessory buildings. The interior rehab, which included, but was not limited to, full cabinets, interior painting, tub replacement, 100% of appliances, HVAC replacement and water heater replacement, was all completed with the tenants in place. This family community is 100% Section 8. An FHA (d)4 loan with 9% tax credits was used to purchase and rehab the property. Construction was completed two months ahead of schedule.
Anchorage Apartments — Successfully completed $3.7 million dollar total interior upgrade rehabilitation of 120 occupied apartment homes, as well as complete exterior rehabilitation including grounds, asphalt, and accessory buildings. The interior rehab, which included, but was not limited to, high end quality cabinets, interior painting, tub replacement including the addition of walk in showers, upgrade appliances, HVAC replacement, fiberglass vinyl in kitchens & baths new ceiling fans and light fixtures, was all completed with the tenants in place. Exterior upgrades included Hardi-Plank siding, an elaborate playground with a nautical theme, large picnic shelter with installed grills, decorative concrete work around the office & pool area, as well as an extensive landscaping upgrade throughout the property. This family community is financed with a FHA (d)4 loan used to purchase and rehab the property. Construction was completed four months ahead of schedule.
Avian Place Apartments – Successfully completed $2.2 million dollar interior rehabilitation of 114 units, as well as extensive exterior rehabilitation including grounds, asphalt and accessory buildings. The interior rehab included, but was not limited to, new countertops, tub replacement, flooring, appliances, HVAC replacement and updating of lighting and plumbing fixtures. Exterior upgrades, included but was not limited to, vinyl siding, window replacement, dog park, fitness trail and landscape improvements. This family community is financed with a conventional loan via BNC used to purchase and rehab the property. Construction was completed as scheduled.
Crescent Apartments – Successfully completed $4.2 million dollar total interior rehabilitation of 176 occupied apartment homes, as well as complete exterior rehabilitation including grounds, asphalt, and accessory buildings. The interior rehab, which includes, but was not limited to, full cabinets, interior painting, tub replacement, appliances, HVAC replacement and water heater replacement, all being completed with the tenants in place. This family community is a conventional community with Bond Credit enhanced financing with FHA (d)4 loan with 4% tax credits was used to purchase and rehab the property. Construction was completed five months ahead of schedule.
Greentree North Apartments — Successfully completed $ 2.5 million dollar total interior rehabilitation of 96 occupied apartment homes, as well as complete exterior rehabilitation including grounds, asphalt, brick skirting and accessory buildings. The interior rehab, which included, but was not limited to, full cabinets, interior painting, tub replacement, 100% of appliances, HVAC replacement and water heater replacement, was all completed with the tenants in place. This family community is 100% Section 8. An FHA (d)4 loan with 9% tax credits was used to purchase and rehab the property. Construction was completed three months ahead of schedule.
Griffin Heights Apartments — Successfully completed $1.9 million dollar total interior rehabilitation of 100 occupied apartment homes, as well as complete exterior rehabilitation including grounds, asphalt, and accessory buildings. The interior rehab, which included, but was not limited to, full cabinets, interior painting, tub replacement, 100% of appliances, HVAC replacement and water heater replacement, was all completed with the tenants in place. An NIBP Bond Credit enhanced with FHA (d)4 loan with 4% tax credits was used to purchase and rehab the property. Construction was completed five months ahead of schedule.
