CAPREIT president Andrew Kadish CAPREIT president Andrew Kadish

ROCKVILLE, MD–Locally-based real estate investment firm CAPREIT has invested in both affordable and market-rate housing over the years but in the last eighteen or so months it has been focusing on the former. The company has pursued low-income housing tax credit (LIHTC) properties on a one-off basis and then it really doubled down on the asset class last summer when it acquired a five-community, 978-unit portfolio of income-restricted properties for $68.5 million.