Affordable Housing Investment Brokerage Closes on Two Low In

Affordable Housing Investment Brokerage Closes on Two Low Income Housing Tax Credit Apartment Buildings in Palatka, Florida

PALATKA, FL - Affordable Housing Investment Brokerage Inc. (AHIB) has sold Kay Larkin Apartments, a 60-unit garden-style apartment complex, along with Grand Pines Apartments, a 78-unit senior living apartment community in Palatka, Florida for $4,850,000. Managing Director Kyle Shoemaker and Senior Vice President Bill Brading represented both the buyer, The Grey Rock Group LLC, and the seller, a private investor, to complete the transaction. Kay Larkin and Grand Pines were both developed using...

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