June 2016 - Affordable Housing Investment Brokerage

AHIB Sells Senior Project-Based Section 8 -Jarvis-Farwell-Section-8-HAP-Contract-Chicago-Illinois

AHIB Sells Senior Project-Based Section 8 (HAP Contract) for Non-Profit in Chicago

In early June, 2016, AHIB sells senior project-based section 8 (HAP Contract) for non-profit in Chicago. The completed sale was of the Jarvis Farwell apartments in Chicago’s East Rogers Park neighborhood. The property consisted of two separate vintage buildings operating under one Project-Based Section 8 (HAP) contract, with a total of 85 units. After several unsuccessful attempts to sell the property directly, the Council for Jewish Elderly enlisted AHIB to market the deal in 2015 for a price higher [...]

June 9, 2016 By Kyle Shoemaker Sell HAP Contract Property, Sell LIHTC Property, Sell Section 42 Property, Sell Section 8 Property, Sell Subsidized Property Comments Off

Wisconsin 166-Unit Portfolio Sale: Heartland Housing

MADISON, WI/ MILWAUKEE, WI (June 3, 2024) – Affordable Housing Investment Brokerage Inc. (AHIB) was retained by a court-appointed... read more

29 Sep

Heritage Apartments: 8.45M HAP Sale in Georgia

Affordable Housing Investment Brokerages, Inc. (AHIB) is pleased to announce the closing of the Heritage Apartments, a HAP offering... read more

17 Aug

Maple Park Apartments: Senior HAP Sale in Iowa

Affordable Housing Investment Brokerages, Inc. (AHIB) is pleased to announce the closing of the Maple Park Apartments, a HAP... read more

To be a successful affordable housing real estate broker you have to be knowledgeable in the industry and know the housing programs. Because AHIB speaks our language, they match us up with buyers that meet our sales price expectations and get us to the closing table. AHIB breaks down complicated HUD/LIHTC transactions to their simplest form. Because of their expertise and valuing relationships, we look forward to working with AHIB to serve our future brokerage needs. .

David ProutPresident - Chesapeake Community Advisors, Inc.

When one of our owners needed to sell an existing low income housing tax credit property in a tough market, with existing tax credits as part of the deal, I immediately knew AHIB and Kyle Shoemaker were the right team for the job. AHIB was very sensitive to the concerns we had for our onsite employees while maximizing our owner’s best interest. Multiple offers at our target price were procured within a few weeks, including buyers who paid full value for the remaining LIHTCs.

Timothy ShaferPresident - HI Management

© Copyright 2024, Affordable Housing Investment Brokerage, Inc. All Rights Reserved. This information is taken from sources believed to be reliable. Affordable Housing Investment Brokerage, Inc. makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risks for any inaccuracies. The Affordable Housing Investment Brokerage Logo is a registered trademark of Senior Living Investment Brokerage, Inc.

Your Trusted Section 8 and Section 42 Broker

05 Jun