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Red Stone Equity Partners closes $188-million LIHTC Investment Fund and celebrates its 10th anniversary in the affordable housing industry
NEW YORK, Oct. 5, 2017 /PRNewswire/ — Red Stone Equity Partners, LLC (“Red Stone Equity”), a privately-owned real estate finance and investment company specializing in multifamily residential funds and financings, announced the closing of Red Stone Equity – 2017 National Fund, L.P. (“2017 Fund”), a $188-million multi-investor Low Income Housing Tax Credit (“LIHTC”) investment fund.
Athens Vista Groundbreaking
Supervisor Mark Ridley-Thomas led a groundbreaking ceremony for Athens Vistas Apartments, which will provide affordable housing for homeless and low-income seniors in unincorporated Athens when completed in late 2018.
Senior housing first part of new Five Points to open
Jim Gaines|Knoxville
Even as officials opened a housing complex for seniors and the disabled Wednesday, foundations were going in nearby for a second phase of construction in the Five Points reconstruction plan.