“The preservation of these units continues to help move the needle to address the affordable housing crisis. There’s no one-size-fits-all solution to addressing such a massive crisis. That’s why NEF has evolved as an organization that can plug in at different parts, engaging across every aspect of the multifamily affordable housing ecosystem. We’re proud to be a part of this transaction, because it amplifies the need to not only just build units, but preserve them,” said Daryl S., Senior Vice President, Structured Finance at NEF, in reference to the $444 million Albuquerque and Portland Portfolio preservation deal that recently closed.
Read more about the record setting preservation deal, which hinged on the collaborative partnership between NEF and Guardian Real Estate Services in Tax Credit Advisor here, and visit the LinkedIn post here.
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