Congratulations to Boston Private Bank & Trust Company in closing a $10MM loan for the benefit of St. Therese 9% LLC, an affiliate of The Neighborhood Developers, Inc. The proceeds of the loan will finance the acquisition of 787-801 Broadway, Everett, Massachusetts...
Projects
BOSTON PRIVATE BANK CLOSES TAX EXEMPT MULTIFAMILY HOUSING BOND FINANCING
Congratulations to Boston Private Bank & Trust Company in closing a $11MM loan for the benefit of St. Therese 4% LLC, an affiliate of The Neighborhood Developers, Inc. Boston Private purchased tax exempt bonds from Massachusetts Housing Finance Agency and made the...
BOSTON PRIVATE BANK CLOSES TAX EXEMPT MULTIFAMILY HOUSING BOND FINANCING
Congratulations to Boston Private Bank & Trust Company in closing a $25MM loan for the benefit of 90 Longwood LLC, an affiliate of the Brookline Housing Authority. Boston Private purchased tax exempt bonds from Massachusetts Housing Finance Agency and made the...
HOUSING CORPORATION OF ARLINGTON FINANCES DOWNING SQUARE INITIATIVE
Congratulations to the Housing Corporation of Arlington in closing the Downing Square Initiative, which will finance the demolition and reconstruction of buildings located at 117 Broadway, 19R Park Avenue, and 0 Lowell Street, Arlington, Massachusetts. Through...
BOSTON PRIVATE BANK CLOSES $2MM LOAN TO PROVIDE HOUSING FOR TEACHERS IN WEST VIRGINIA
Congratulations to Boston Private Bank & Trust Company in closing a $2,000,000 loan for the benefit of Reconnecting McDowell, Inc. The proceeds of the loan will finance the construction of a 27,776 square foot mixed-use residential and office building including 16...
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...
PROJECTS
METROPOLITAN BOSTON HOUSING PARTNERSHIP
KJP Partners represents a regional non-profit social services organization in negotiating the joint venture acquisition, New Markets Tax Credit financing and development of a mixed use transit oriented project in Roxbury which will include a 27,000 square foot...
BOX DISTRICT, CHELSEA
Our partners represented a consortium of Massachusetts insurance companies in providing financing for a series of mixed income projects in the Box District in Chelsea utilizing Housing Development Incentive Project (“HDIP”) tax credits for workforce housing and equity...
HOWARD HOUSE
KJP Partners represented the federal and state historic tax credit investor in the joint venture development of a historic residential rental housing project, with supportive services, for homeless veterans in Brockton, Massachusetts.
TERRA RIVER
Our partners represented a national bank in providing a New Markets Tax Credit leveraged loan to assist in financing a mixed use retail and live/work artist studio facility located on the Los Angeles River in the Elysian Valley neighborhood of Los Angeles,...
MARION VILLAGE ESTATES
Our partners represented the developer in the financing of a 60 unit Chapter 40B multifamily housing project in Marion, Massachusetts including low income housing tax credits, One Source construction/permanent financing and HOME, HSF and AHT sources from the...
HARBORLIGHT HOUSE
Our partners represented a non-profit community development corporation in acquiring and financing the redevelopment and conversion of a 34 unit assisted living community in Beverly, Massachusetts utilizing low income housing tax credits and Section 8 operating...
TURTLE CREEK
Our partners represented a non-profit community development corporation in acquiring and financing the redevelopment of a 110 unit elderly HUD 202 community in Beverly, Massachusetts utilizing low income housing tax credits and involving closing one of the first FHA...
CAMBRIDGE HOUSING AUTHORITY
Our partners represented a national bank in providing tax exempt bond financing to assist the Cambridge Housing Authority in refinancing and restructuring hundreds of public housing units through various federal funding programs including the Rental Assistance...
JOSEPH M. SMITH COMMUNITY HEALTH CENTER
Our partners represented a consortium of state insurance companies in providing a New Markets Tax Credit leverage loan to finance the development of a community health center in Allston, Massachusetts. The financing involved a guaranty from the Health Resources and...
EDWARD W. BROOKE CHARTER SCHOOL
Our partners represented a national bank in providing taxable and tax exempt bond financing for various loans leveraging New Markets Tax Credits and Federal Historic Tax Credits to finance three campus facilities for students grades K-8 in Mattapan, Roslindale and...