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Updated 6 months ago,
Looking for Preferred Equity
I'm very interested in buying an independent senior-living LIHTC property next to a 24-unit investment I already own. I want to assume the in-place LIHTC loans, but I need either Mezz Debt or Preferred Equity to cover the cap between the in-place loans and the equity I can invest. The property will graduate from the LIHTC program by mid-2027, at which time I can take the deal to market and refinance the whole thing.
Help me make this happen!