National Equity Fund

$444 Million Preservation Deal Safeguards Over 2,700 Units, Largest Deal of its Kind in NEF's History

444 Million
September 02, 2025

Today, NEF announced the closing of one of the largest single preservation transactions in the history of the affordable housing industry. The $444 million Albuquerque and Portland Portfolio preservation deal that preserves more than 2,700 units, the largest in NEF's history, supports the owner Guardian Real Estate Services and underscores an innovative, collaborative partnership between two leaders in affordable housing. 

"At NEF, we remain committed to connecting people, providing innovative capital solutions and investing in brighter futures," said Daryl S., Senior Vice President, Structured Finance at National Equity Fund. "Our integrity and stability as an organization stems directly from developing deep, meaningful relationships with our partners, which allows us to push boundaries and engage across every aspect of the multifamily affordable housing space through a mission-oriented, socially impactful approach." 

Read the full press release here.

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