Superior Lofts – Fort Wayne, Indiana

 

Superior Lofts – Fort Wayne, Indiana

Closed - December 2016

Kuhl & Grant LLP served as counsel to the developer and the owner in connection with the acquisition and rehabilitation of Superior Lofts, a 72-unit market-rate rental housing project in Fort Wayne, Indiana. Project financing included equity from the syndication of State of Indiana Industrial Recovery Tax Credits (Foss & Company), conventional construction and term financing (Star Financial Bank) and subordinate financing (City of Fort Wayne).  The project is being developed by RealAmerica Development, LLC.

The Retreat at Mineral Springs – Martinsville, Indiana

 

The Retreat at Mineral Springs – Martinsville, Indiana

Closed - December 2016

Kuhl & Grant LLP served as counsel to the developers and the owner in connection with the acquisition, rehabilitation and new construction of The Retreat at Mineral Springs, a 38-unit affordable rental housing project in Martinsville, Indiana.  Project financing included equity from the syndication of 9% Low-Income Housing Tax Credits and Federal Historic Rehabilitation Tax Credits (R4 Capital), conventional construction financing (First Merchants Bank) and subordinate financing (Indiana Housing and Community Development Authority).  The project is being co-developed by Flaherty & Collins Development, LLC and Community Service Center of Morgan County, Inc. d/b/a Wellspring.

The Mercantile – Alexandria, Indiana

 

The Mercantile – Alexandria, Indiana

Closed - November 2016

Kuhl & Grant LLP served as counsel to the developer and the owner in connection with the acquisition and new construction of The Mercantile, a mixed-use development consisting of 26 affordable rental housing units and commercial space in Alexandria, Indiana.  Project financing included equity from the syndication of 9% Low-Income Housing Tax Credits (Cinnaire), conventional construction and term financing (Old National Bank) and subordinate financing (Indiana Housing and Community Development Authority and Federal Home Loan Bank of Indianapolis).  The project is being developed by Milestone Ventures, Inc.

Roaring Fork Apartments – Basalt, Colorado

 

Roaring Fork Apartments – Basalt, Colorado

Closed - November 2016

Kuhl & Grant LLP served as counsel to the developer and the owner in connection with the acquisition and new construction of Roaring Fork Apartments, a 56-unit mixed-income rental housing project in Basalt, Colorado.  Project financing included equity from the syndication of 9% Low-Income Housing Tax Credits (CREA) and conventional construction and term financing (ANB Bank).  The project is being development by RealAmerica Development, LLC.

Florence Fay School Senior Apartments – Indianapolis, Indiana

 

Florence Fay School Senior Apartments – Indianapolis, Indiana

Closed - October 2016

Kuhl & Grant LLP served as counsel to the developer and the owner in connection with the acquisition and rehabilitation of Florence Fay School Senior Apartments, a 73-unit affordable senior rental housing project in Indianapolis, Indiana.  Project financing included equity from the syndication of 9% Low-Income Housing Tax Credits (NDC), conventional construction financing (BMO Harris Bank) and subordinate financing (Indiana Housing and Community Development Authority).  The project is being developed by TWG Development, LLC.