Congratulations to Boston Private Bank & Trust Company in closing a $25MM loan for the benefit of 61 Park LLC, an affiliate of the Brookline Housing Authority. Boston Private purchased tax exempt bonds from Massachusetts Housing Finance Agency and made the proceeds...
Projects
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,...
THE PROPERTY AND CASUALTY INITIATIVE CLOSES NEW MARKETS TAX CREDIT TRANSACTION
Congratulations to the Property and Casualty Initiative on closing a $4 MM and $6.5 MM loans for the benefit of Community Servings, Inc, a charitable corporation that provides hot meals to area residents with acute life-threatening illnesses, as well as their families...
KJP PARTNERS LLP FACILITATES COMPLEX GENERAL PARTNER INTEREST ACQUISITIONS
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,...
REBA HOSTS HOUSING CHOICE FORUM
On February 14, 2018, the Real Estate Bar Association (REBA) Affordable Housing Committee hosted a brownbag lunch forum to discuss the new Housing Choice Initiative and related legislation. Co-Chairs Kurt James of KJP and Carol McIver of MassHousing moderated a panel...
PROJECTS
CITY OF BOSTON
KJP Partners represents the City of Boston in implementing its Neighborhood Homes Initiative as part of the City’s Boston 2030 Housing Plan promoting mixed income and workforce housing in communities and expanding homeownership opportunities for first time homebuyers....
ALMA DEL MAR CHARTER SCHOOL
Our partners represented a national bank in providing tax exempt bond financing for the acquisition, financing and development of a 40,000 square foot campus building for students grade K-8 in New Bedford, Massachusetts.
MATCH CHARTER PUBLIC SCHOOL
Our partners represented a national bank in providing tax exempt bond financing for the acquisition, financing and redevelopment of a 30,000 square foot campus building focusing on media and technology for students grade 9-12 in Allston, Massachusetts. This was one of...
BOSTON PREPARATORY CHARTER SCHOOL
Our partners represented a charter school in acquiring, financing and development a 50,000 square foot campus building for students grades 6-12 in Hyde Park, Massachusetts with tax exempt bonds.
WHITTIER HEALTH CENTER
Our partners represented a national bank in structuring the purchase of tax exempt bonds to provide a New Markets Tax Credit leverage loan to finance the development of a community health center in Roxbury, Massachusetts. The financing involved a guaranty from the...
TEMPLE SHALOM
Our partners represented a member-based religious non-profit organization in its merger with and into another organization, facilitating the sale of the entity’s real estate, working with the board and constituents to obtain all needed approvals, including the...
NORTH SHORE COMMUNITY DEVELOPMENT COALITION, INC.
Our partners represented a local non-profit community development corporation in its successful merger with another community development corporation resulting in the formation of a regional community development organization serving the North Shore, including...
PARCEL 24
Our partners represented a consortium of state insurance companies in providing mezzanine financing for the development of Parcel 24 in Boston’ s Chinatown as a 10-story, 95-unit Low Income Housing Tax Credit development with 4,800 square foot of first floor...
OLYMPIA OAKS
Our partners jointly represented the permanent and construction lenders in a OneSource loan for the Olympia Oaks project, a 42 unit, energy efficient rental complex with one, two and three bedroom family rental housing development in Amherst, Massachusetts.