100%
Pre-leased above PF rents
Overview
Ground-up development achieving 100% pre-lease above pro forma rents, demonstrating strong market demand for quality affordable housing.
Capital Stack
- Private equity
- Tax-exempt bonds
- Agency permanent debt
Timeline
28 months from groundbreaking to stabilization
Key Outcomes
100% pre-leased
Rents above pro forma projections
95 units of workforce housing
Strong investor returns