Congratulations to Coalition for a Better Acre, Inc. on the ceremonial groundbreaking for Dracut Centre School, a new 9-unit affordable residential building in the historic school building at 11 Spring Park Avenue, Dracut, Massachusetts. On April 15, 2021, Coalition...
Congratulations to Coalition for a Better Acre, Inc. in closing the financing of Dracut Centre School, which will finance the rehabilitation of the historic school building located at 11 Spring Park Avenue in Dracut. Through financing from Pentucket Bank and several...
Congratulations to Boston Private Bank & Trust Company in closing a $2,335,000 loan for the benefit of Broadway Everett TND LLC, an affiliate of The Neighborhood Developers, Inc. The proceeds of the loan will finance the acquisition of 10-20 Gledhill Avenue, Everett,...
Congratulations to Harborlight Community Partners, Inc. in closing a $9,758,000.00 loan from ORIX Real Estate Capital, LLC in order to refinance the property at Turtle Creek Apartments. Turtle Creek Apartments provides 109 units of affordable rental housing for...
Congratulations to the Life Insurance Community Investment Initiative in closing a $10.1MM loan for the benefit of 92 Grand Street Commons LLC, an affiliate of Main South Community Development Corporation. The proceeds of the loan will finance the acquisition and...
Congratulations to Eastern Bank in closing a $10.5MM loan for the benefit of Cabot Housing LLC, an affiliate of the Young Men’s Christian Association of the North Shore, Inc. Eastern Bank purchased tax exempt bonds from Massachusetts Development Finance Agency and...
Congratulations to Boston Private Bank & Trust Company in closing a $27MM loan for the benefit of Young Men's Christian Association of Metro North, Inc. Boston Private purchased tax exempt bonds from Massachusetts Development Finance Agency and made the proceeds from...
On November 15, 2017, the Real Estate Bar Association (REBA) Affordable Housing Committee hosted a brownbag lunch forum to discuss the City of Boston’s new property disposition initiatives and affordable housing loan programs. Co-Chairs Kurt James of KJP and Carol...
KJP represented Boston Private Bank & Trust Company in closing a $21MM loan for the benefit of Cruz Development Corporation. Boston Private purchased tax exempt bonds from Massachusetts Development Finance Agency and made the proceeds from the sale of the bonds...
Our partners provided advice on public procurement, joint venture negotiations, leasing and property management relating to private development of affordable housing on public housing authority land in West Tisbury, Massachusetts.
Our partners provided advice on public procurement, litigation, joint venture negotiations, and title relating to various sites, including early stages of mixed finance public/private redevelopment of existing federal public housing facility into a 275 unit mixed...
Our partners provided advice on state public housing laws, procurement processes and closed the financing for the development of various sites in Chelmsford, Harvard and Westford, Massachusetts.
KJP Partners represents the three regional host housing authorities which DHCD designated to form regional capital assistance teams in negotiating contracts with local housing authorities. These assistance teams provide capital, maintenance, repair planning, technical...
Our partners represented a national bank in creating a taxable loan for a local food service organization to finance, acquire and develop a facility which prepares and delivers meals to individuals and families who are homebound and living with critical and chronic...
Our partners represented the Boston Housing Authority (BHA) in connection with multiple phases of the re-development of the Old Colony project, a 16.7-acre affordable housing complex along Old Colony Avenue and Columbia Road, which redevelopment has been undertaken by...
KJP Partners represents a non-profit community development corporation in acquiring and financing the development of a 60 unit Chapter 40B multifamily elderly housing project in Wenham, Massachusetts including low income housing tax credits, One Source...