Lake Park Senior Apartments – Hobart, Indiana

Closed - August 2016

Kuhl & Grant LLP served as counsel to the developer and the owner in connection with the acquisition and new construction of Lake Park Senior Apartments, an 80-unit affordable senior rental housing property in Hobart, Indiana.  Project financing included equity from the syndication of 9% Low-Income Housing Tax Credits (CREA) and conventional construction and term financing (Lake City Bank).  The project is being developed by RealAmerica Development, LLC.