Power SoCal 2024—Alice Carr and Perica Bell, CEO; Head of Preservation at April Housing
BY CATHY CUNNINGHAM SEPTEMBER 18, 2024 When April Housing was launched in 2022, there was a clear vision for the Blackstone portfolio company: to create and preserve affordable housing at scale. Sitting in the firm’s office in L.A., Alice Carr, Perica Bell and their ever-growing, highly dedicated team are focused on just that. “Blackstone and […]
April Housing’s Alice Carr and Perica Bell On Scaling Affordable Housing
The heads of the Blackstone-backed company use resyndication and other tools to create and preserve homes nationwide BY CATHY CUNNINGHAM SEPTEMBER 3, 2024 It’s been an active summer for many in the commercial real estate industry, and April Housing is certainly no exception. The Blackstone (BX) portfolio company announced it had completed resyndications at four of its […]
Blackstone Provides $31M for Phoenix Seniors Affordable Housing Development
Blackstone has expanded its partnership with Dominium by providing $31 million of tax credit equity for the affordable housing developer’s latest project in Phoenix, Commercial Observer can first report.
Blackstone Partners With Dominium on Phoenix Affordable Housing Development
The transaction represents the first LIHTC investment made by Blackstone’s April Housing portfolio company Blackstone is providing $48 million of tax credit equity for Dominium’s new affordable housing development in Phoenix, Commercial Observer can first report. The transaction marks the first Low Income Housing Tax Credit (LIHTC) investment made by April Housing, a Blackstone Real Estate portfolio company. […]
