(To read more on the debt and equity markets, click here.)

KANSAS CITY, MO-An affiliate of Eagle Point Enterprises LLC hasobtained $55 million in financing to buy and rehabilitate threehistoric properties containing 303 affordable rental apartments inthe midtown area. Originally built in the 1920s, the propertiesstood as hotels until they were turned into multifamily rentalproperties known as Georgian Court, Bainbridge Apartments and LindaVista Apartments. In the 1970s, they were converted into affordablehousing units.

CharterMac Capital LLC provided $47.2 million in equity forfederal and state tax credits generated by the rehabilitation,while CharterMac provided $29 million in short-termconstruction-period financing and $8.4 million in long-term debtfinancing through the purchase of both taxable and tax-exempt bondsissued by the Missouri Housing Development Commission.