Senior HAP sale in Oklahoma
On October 30, 2020, AHIB closed a Senior HAP sale. Multiple offers were received on this Independent Senior HAP sale which is located in Lawton, Oklahoma. The seller was a non-profit developer. The original owner applied but did not receive a LIHTC allocation. As a result, they decided to sell. The purchaser acquired the community using conventional financing. They are considering refinancing with HUD debt in the future.