Practice
What we have done.
The portfolio is a representative slice. The practice is the full record: programs operated, transactions closed, regulators worked with, capital partners returned to.
By the numbers
- 11 Years operating
- 4 States
- 21 Properties, current
- 46 Properties, lifetime
- 2,404 Units owned, current
Programs
Programs we work with.
- Tax credits
- 9% LIHTC · 4% Bond LIHTC · Federal Historic Tax Credits · State Historic Tax Credits · New Markets Tax Credits
- Rental assistance
- Project-Based Section 8 (HAP) · Project-Based Vouchers (PBV) · RAD conversions · Section 202 · Section 811 · Public Housing
- Federal financing
- HOME · National Housing Trust Fund (HTF) · CDBG · HUD / FHA financing (221(d)(4), 223(f), and related) · USDA Rural Development financing
- Bond financing
- Tax-exempt multifamily housing revenue bonds · Private activity bonds (PABs)
- State and local gap financing
- State HFA soft loans · Local housing trust fund financing · Deferred payment loans · Residual receipts loans · TCEP and similar state programs
- Tax exemptions and abatements
- CHDO property tax exemption · PILOT agreements · Property tax abatements
- Preservation and recapitalization
- Year 15 resyndications · Acquisition / rehab LIHTC · Preservation transactions
Markets
Where the portfolio operates.
- Texas
- Core market. Active properties across the Dallas-Fort Worth Metroplex and Southeast Texas.
- Missouri
- St. Louis. Park Pacific operating since 2025, acquired through a HUD-approved Transfer of Physical Assets. Two additional St. Louis assets under contract.
- Iowa
- Burlington.
- Arkansas
- New market. Details to follow.
Transactions
Categories of deals closed.
- Acquisitions
- Recapitalizations
- HAP contract renewals
- Refinancings
Counterparties
Regulators and capital partners.
- State housing finance agencies
- Texas Department of Housing and Community Affairs, Missouri Housing Development Commission, Iowa Finance Authority, Arkansas Development Finance Authority
- Lenders
- HUD, Freddie Mac, Fannie Mae, Private lenders
Operating model
How the portfolio actually runs.
Compliance is staffed in-house. Property management is mixed: in-house teams on properties where direct operation is the right fit, well-vetted third-party operators where partner expertise serves the asset better. Asset management runs on a quarterly cadence. Capital plans are updated annually and reconciled to operating budgets. REAC inspections, MORs, and tenant file reviews are tracked centrally and prepared for, not reacted to.