MRN Ltd. undertook the redevelopment of East 4th Street between Euclid and Prospect Avenues. This destination neighborhood is a thriving entertainment and dining area of downtown. The Corner Alley was a $9 million redevelopment that entailed rehabilitation of the first two floors of a historic structure into a 28,000 sq. ft. entertainment/restaurant venue with 15 bowling alleys, billiard tables, special event space, restaurant and bar. The upper three floors were transitioned into 50 market-rate apartments. CNMIF provided a $1.4 million loan to this project that anchors the north end of the East 4th Street neighborhood.
Mira Loma, CA | 35th District
NMTC financing supported construction of a sizable shopping center providing department stores, brand-name boutiques, restaurants & a cinema. Eastvale…