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Updated almost 2 years ago on . Most recent reply

User Stats

26
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23
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Roseann Koefoed
  • Rental Property Investor
  • Frankfort, IL
23
Votes |
26
Posts

Looking for Preferred Equity

Roseann Koefoed
  • Rental Property Investor
  • Frankfort, IL
Posted

I'm very interested in buying an independent senior-living LIHTC property next to a 24-unit investment I already own.  I want to assume the in-place LIHTC loans, but I need either Mezz Debt or Preferred Equity to cover the cap between the in-place loans and the equity I can invest.  The property will graduate from the LIHTC program by mid-2027, at which time I can take the deal to market and refinance the whole thing.

Help me make this happen!

  • Roseann Koefoed
  • Loading replies...