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Cherrytree Group Passes $100 Million Mark in Tax Credit Placements
March 11, 2021 GMT
BOSTON (BUSINESS WIRE) Mar 11, 2021
The Cherrytree Group a tax credit consulting and syndication firm based near Boston announced a significant milestone by surpassing the $100 million mark in tax credits obtained and placed on behalf of real estate developers and investors nationally.
Since its founding in 2011, the company has specialized in the procurement of state and Federal tax credits for initiatives which generate renewable energy, create affordable housing, preserve historic structures or clean up contaminated soils and groundwater. In its most recent year, 2020, the company secured and syndicated $20,800,000 of tax credits, including $8.8 million in solar energy tax credits, $6.7 million in historic credits, $3.7 million in brownfields tax credits and $1.6 million in low-income housing t