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Deal Profile: Beverly Park Apartment Homes
49 Affordable Housing units for Seniors in Los Angeles, CA
An existing Project-Based Section 8 affordable housing
contract covering all units was renewed via a Chapter 15
Mark-Up-To-Market upon acquisition
Completed acquisition of the property using LIHTCs and
private activity tax-exempt bond financing
Completed a $3.1MM renovation in 2017 that upgraded unit
interiors, building systems, and community spaces that
residents have embraced
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