Alliant Capital closes USD105m LIHTC multi-investor fund.
BANKING AND CREDIT NEWS-July 20, 2016-Alliant Capital closes USD105m LIHTC multi-investor fund
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Alliant Capital, Ltd. has closed a USD105 million low-income housing tax credit (LIHTC) fund, the company said.
Eleven properties are specified in Alliant Tax Credit Fund 85, and will finance the construction or rehabilitation of approximately 1,200 units in 9 states. The developments will be targeted to a mix of families, seniors and farm workers.
Headquartered in Woodland Hills, CA, Alliant has syndicated more than 85 funds, raised over USD6.7 billion in investor equity, and invested in excess of 900 properties comprising over 86,000 LIHTC units.
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|Publication:||M2 Banking & Credit News (BCN)|
|Date:||Jul 20, 2016|
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