Switch Flats – Fishers, Indiana

 

Switch Flats – Fishers, Indiana

Closed - November 2014

Kuhl & Grant LLP served as counsel to the developer and the owner in connection with the acquisition and construction of Switch Flats, a mixed-use development consisting of 102 market-rate apartments and commercial space in Fishers, Indiana. Financing was provided by Merchants Bank of Indiana and private equity. The project is being developed by TWG Development, LLC.

Sands Senior Apartments – Cincinnati, Ohio

 

Sands Senior Apartments – Cincinnati, Ohio

Closed - April 2015

Kuhl & Grant served as counsel to the developer and the owner in connection with the acquisition, rehabilitation and new construction of Sands Senior Apartments, a 65-unit affordable senior rental housing property in Cincinnati, Ohio, combining 9% Low-Income Housing Tax Credits and Federal Historic Rehabilitation Tax Credits (Alliant Capital), conventional construction/bridge financing (The Huntington National Bank) and subordinate financing (Ohio Housing Finance Agency and Federal Home Loan Bank Affordable Housing Program). The project is being developed by TWG Development, LLC.

800 N. Capitol Apartments – Indianapolis, Indiana

 

800 N. Capitol Apartments – Indianapolis, Indiana

Closed - December 2014

Kuhl & Grant LLP served as counsel to the owner in connection with the refinancing of existing debt through an FHA-insured 223(f) loan for 800 N. Capitol Apartments, a 111-unit affordable and market-rate rental housing property in Indianapolis, Indiana. The new financing was secured through P/R Mortgage & Investment Corp.

Keller Development, Inc. – Portfolio Refinancings

 

Keller Development, Inc. – Portfolio Refinancings

Closed -- 2014 and 2015

Kuhl & Grant LLP served as borrower’s counsel in connection with FHA/HUD-insured refinancings for the following affordable multifamily housing projects developed by Keller Development, Inc. (“KDI”): Cameron Crossing (Huntertown), Jerry Junction (Auburn), Stephanie Villas (Fort Wayne), Tamera Gardens I and II (Fort Wayne) and Tiffany Heights (Fort Wayne). Love Funding Corp served as the lender for each of the FHA/HUD-insured loans. Kuhl & Grant LLP also served as borrower’s counsel in connection with conventional refinancings for the following affordable multifamily housing projects developed by KDI: Savannah Springs (Fort Wayne) and Tamera Senior Villages (Fort Wayne). Capital Fund Investment Corporation served as the lender for both loans.

Stadium Lofts Apartments and Stadium Flats Apartments – Indianapolis, Indiana

 

Stadium Lofts Apartments and Stadium Flats Apartments – Indianapolis, Indiana

Closed – December, 2013

Kuhl & Grant LLP served as borrower’s counsel in connection with project financing for Stadium Lofts Apartments, a 138-unit multi-family apartment community located in Indianapolis Indiana, and Stadium Flats Apartments, a 144-unit multi-family residential apartment community, both located in Indianapolis, Indiana.  Both projects are being developed by Core Redevelopment, LLC. BMO Harris Bank, N.A. served as the lender for the each of these projects.