“100 Prince was an opportunity for our team to bring affordable housing, grocery and local retail to an urban food desert which suffers from high rents and had not seen multi-family residential construction in over ten years. The project financing was complex, and without the New Markets Tax Credit subsidy, this project wouldn’t have gotten off the ground. Throughout the process, Cherry Bekaert’s strategic financing team was instrumental in arranging the NMTC sources and guiding our team along with myriad funders through to a successful closing.”
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