Seeking well occupied 100% HAP Section 8 multi family assets

Also seeking RD Section 515 assets with 100% Section 8 (and in need of rehab).

We are seeking multifamily (apartment) properties for our Q1 2011 acquisition pipeline. Assets must be 100 units or larger (but can be smaller if we can put together a portfolio), have 100% (or close to 100%) project based Section 8 contracts (HAP Contracts), REAC Scores greater than 90, and sellers that will consider taking back some nominal paper (if necessary). These will be tax exempt bond transactions, so projects will remain affordable after the acquisition. Projects in their Section 42 compliance period or with any other restrictive debt covenants may be considered if they meet all other considerations. Transactions typically close in four months.

Please contact me if you would like more detailed criteria or have an asset that might fit our profile.

Thanks,
Peter

Hi Peter,

Send me your contact information to [email protected], as I might have something that might interest you.

Thanks,
Pedro

How does one reach you with product that matches your needs Peter? Email address?

It looks as though the has a link to his linked in profile if that helps you at all Ken... I can click on it from my computer in his initial posting.

Have a great day!

We are seeking to acquire project-based section 8 properties - can be both Family and Elderly. All locations are ok.

If within California: 15+ units (or otherwise if a portfolio)

If in other states: 50+ units

newmarkproperty at gmail.com

Good Morning Peter,

I saw an old post " seeking HAP Multifamily properties. I have a 27 unit building in Detroit, MI 100 % HAP. Are you still looking? If not, could you let me know who can help me sell mine? Thanks!

[email protected]

Phyllis Adee

Looking for Project Based Section 8 and LIHTC Section 42
Please call 818 926 1384
Email: [email protected]
Thank you,
Michael Nakh
Office #: (310) 438-6035