Monthly Archives: December 2010
Affordable Housing Preservation Transaction
In December, FCC completed a long term preservation transaction for a 128 unit apartment complex located in the greater Pittsburgh area. The preservation transaction included the securing of a new project based Section 8 contract for a term of 20 … Continue reading
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Mortgage Refinancing Closed in December 2010
Affiliates of FCC acted as affordable housing advisors for the refinancing of a 115 unit Section 8 assisted housing project for the elderly in Mt. Lebanon, PA. A new HUD insured mortgage in the amount of $3,456,800 for a term … Continue reading
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