News & Events

KJP PARTNERS LLP FACILITATES COMPLEX GENERAL PARTNER INTEREST ACQUISITIONS

by | Apr 17, 2018 | Affordable Housing, Community Development, News, News & Events, Projects, Uncategorized

Congratulations to the fantastic team involved in completing the prodigious closing of 19 General Partner Interest acquisitions, relating to 19 separate affordable housing multi-family complexes spanning three states.

Bellemont Gardens, Campbell Place, Carlyle Place, Columbus Heights Subdivision, The Gates at Biloxi, The Gates at Coralbay, The Gates at Riverchase, The Grove Apartments, Hallmark Gardens, Hargrove Estates, Holly Hills, Lakeview Subdivision, Meadowbrook Subdivision, Northbrook Apartments, Oak Ridge Apartments, Point Place Apartments, Stratford Manor, Valley Park Subdivision, and Windsor Place serve their communities by providing affordable housing, lease purchase programs, and housing for seniors.

With numerous stakeholders and varied lenders, investors, and regulatory agencies involved in each transaction, KJP Partners was pleased to facilitate this substantial transaction.  The continuing operation and maintenance of these properties creates housing opportunities for families, seniors, and low-income individuals in Mississippi, Louisiana, and Tennessee.

BOSTON PRIVATE BANK CLOSES TAX EXEMPT BOND FINANCING

Congratulations to Boston Private Bank & Trust Company for closing a $12,000,000 loan for the benefit of Friends of Excel Academy Charter Schools, Inc. Boston Private purchased tax exempt bonds from Massachusetts Development Finance Agency and made the proceeds from...

GROUNDBREAKING CEREMONY FOR SQUIRRELWOOD APARTMENTS

Congratulations to Just-A-Start on the ceremonial groundbreaking for Squirrelwood Apartments, which will provide a total of 78 affordable residential units at 40 and 54 Market Street, 200, 204, 210 Columbia Street, 261-263, 265, 267, and 269 Broadway, 1-6 Linwood...

RIBBON CUTTING CEREMONY FOR RESIDENCES AT FAIRMOUNT STATION

Congratulations to Traggorth Companies LLC on the ceremonial ribbon cutting for Residences at Fairmount Station, a new 27-unit affordable residential building adjacent to the Fairmount Commuter Rail Station at 11 Nott Street, Hyde Park, Massachusetts. On July 21,...

REBA HOSTS OPPORTUNITY ZONE PROGRAM FORUM

On October 24, 2018, the Real Estate Bar Association (REBA) Affordable Housing Section hosted a brownbag lunch forum to discuss the new Opportunity Zone Program. Co-Chairs Kurt James of KJP and Josiah Madar of MassHousing moderated a panel discussion on the...

REBA HOSTS 40B HOUSING APPEALS COMMITTEE FORUM

On May 23, 2018, the Real Estate Bar Association (REBA) Affordable Housing Section hosted a brownbag lunch forum to discuss recent 40B Housing Appeals Committee (HAC) and court decisions. Co-Chairs Kurt James of KJP and Carol McIver of MassHousing moderated a panel...