CHARLOTTE-Arbor Glen, a 30-year-old ailing public housing project, is getting $8.75 million in tax credits over 10 years to rebuild itself. A 144-apartment project is set to break ground by year end.
The tax credits will be converted into the $6.8 million in private money needed to make the partially-bulldozed neighborhood at West Boulevard and Clarton Road a housing showcase. Arbor Glen was formerly Dalton Village.
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By John Jordan | July 09, 2018
The transaction in Huntersville, which closed on July 5, is the largest financing deal for Trez Forman in North Carolina this year. So far in 2018, Trez Forman has lent approximately $98 million in construction and acquisition financing for North Carolina residential projects.
By Steve Lubetkin | May 16, 2018
In mixed-use developments, street activation is key, says Columbia Development's director of leasing, Ron Pfohl.
By John Jordan | May 11, 2018
The largest transaction thus far for Fund II is a $40-million first priority mortgage for the redevelopment of the former Highland Park Mill, a 150,000-square-foot mixed-use property in Charlotte, NC.
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