/PRNewswire/ Shopoff Realty Investments ("Shopoff"), a national manager of opportunistic and value-add real estate investments, announced today that the.
WNC Closes $176 Million Institutional LIHTC Fund to Build and Rehabilitate More Than 2,160 Affordable Housing Units
WNC s largest national LIHTC fund to-date will focus on 32 properties in 16 states
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IRVINE, Calif., April 20, 2021 /PRNewswire/ WNC, a leading provider of investment, asset management and development services in the affordable housing industry, announced today it has closed WNC Institutional Tax Credit Fund 50 LP (WNC Fund 50). The fund raised $176 million in institutional low-income housing tax credit (LIHTC) equity that will be used to develop and renovate more than 2,160 affordable housing units in 16 states.
A total of nine investors participated in WNC Fund 50, which will develop and renovate units for families and seniors at 32 properties in California, Colorado, Georgia, Iowa, Indiana, Louisiana, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Mexico, Oklahoma, Tennessee, Texas and W
Shopoff Realty Investments Acquires Three Manufactured Housing Communities with 611 Lots in North Central Illinois
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IRVINE, Calif., April 19, 2021 /PRNewswire/ Shopoff Realty Investments ( Shopoff ), a national manager of opportunistic and value-add real estate investments, announced today that the company has acquired a 611-lot, three property portfolio of manufactured housing communities in North Central Illinois. The three properties include Oak Creek Estates located in the City of Bourbonnais, Lincoln Terrace located in the City of Lincoln, and Belle Aire located in the City of Marseilles. The large number of lots will allow immediate economies of scale for the operations of the communities, explained Shopoff Realty Investments President and Chief Executive Officer William Shopoff. This is Shopoff s second purchase of a mobile home community in recent years, and we have found this type of asset to offer tremendous un
Shopoff Realty Investments Acquires Three Manufactured Housing Communities with 611 Lots in North Central Illinois yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
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IRVINE, Calif., April 7, 2021 /PRNewswire/ Shopoff Realty Investments ( Shopoff ), a national manager of opportunistic and value-add real estate investments, announced today that the company has acquired Sunrise Village, a shopping center located at 1020 Rosecrans Ave., in Fullerton, Calif. Sunrise Village is nestled into a well-established community in the North Orange County City of Fullerton, explained Shopoff Realty Investments President and Chief Executive Officer William Shopoff. Like many neighborhood shopping centers, this property has suffered the impacts of the pandemic-induced recession. We envision a unique opportunity with this asset to work with the city and add value that will serve the interests of the community for the future.