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ASFM Closes $174M Affordable Housing Fund

The firm’s second fund was nearly triple the size of its first. American South Fund Management has closed its second fund.

Elizabeth Property Group Acquires Six-Property Affordable Housing Portfolio Across Multiple Texas Markets Totaling 1,444-Units

DALLAS, TX - Elizabeth Property Group (EPG) has closed on the acquisition of a portfolio of six Low Income Housing Tax Credit (LIHTC) apartment properties located in Houston, Dallas-Fort Worth, Beaumont, Huntsville, Bryan-College Station, and Wichita Falls, TX. The portfolio totals 1,444 units of affordable housing with the capacity to house an estimated 3,000 tenants. Funds affiliated with American South Fund Management partnered with Dallas-based Elizabeth Property Group (EPG) to purchase and.

Elizabeth Property Group, ASFM Partner to Acquire Six Texas Communities

The six-property portfolio totals 1,444 units and will undergo renovations that include new flooring, new paint and improved exteriors.

Elizabeth Property Group Acquires Significant Affordable Housing Portfolio