February 2023 - Affordable Housing Investment Brokerage

Burlington-LIHTC-Vermont Portfolio-Burlington-Saint Albans-Vermont

Burlington Senior Housing: LIHTC Portfolio Sale in Vermont

Affordable Housing Investment Brokerages, Inc. (AHIB) represented the seller of the 191-unit portfolio made up of three properties, Hawk’s Nest, Falcon Manor and Eagle Crest near Burlington, Vermont. Each of the properties serves independent senior tenants and were developed under the Section 42 Low Income Housing Tax Credit program (LIHTC). The offering provided a unique opportunity to enter the Burlington market with economies of scale across three well-maintained properties with sustained excellent operations. AHIB was able to procure multiple offers [...]

February 17, 2023 By Kyle Shoemaker LIHTC, Sell LIHTC Property, Sell Section 42 Property Burlington, Senior, Vermont Comments Off

Valkommen Plaza: Independent Senior Apartments Sale in Illinois

Affordable Housing Investment Brokerage, Inc. (AHIB) represented the seller of the 171-unit Valkommen Plaza, an independent senior apartment building operating with a HAP contract. Valkommen Plaza is a nine-story, elevator building with commercial spaces on the first floor, providing excellent amenities including a beauty salon, police sub-station and grocery for the local community of downtown Rockford, Illinois. Rockford, Ill., boasts a population of 150,000 just 70 miles northwest of Chicago on Interstate 90. Officials just announced a $200M planned [...]

February 6, 2023 By Kyle Shoemaker Sell HAP Contract Property HAP, Illinois, LIHTC, Rockford, Sale, Senior, Valkommen Plaza 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.

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