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.