429 N. Pennsylvania St., Suite 210
Indianapolis, IN 46204
[p] 317-423-9900
[f] 317-423-9901
rec@kuhlgrantlaw.com
Bailey Park Apartments – Brownsburg, Indiana
Closed – January 2014
Kuhl & Grant LLP served as counsel to the developer and the owner in connection with the acquisition and project financing for Bailey Park Apartments, a 66-unit market-rate senior rental housing community located in Brownsburg, Hendricks County, Indiana (the “Project”). The Project is being developed by Whitmore Development, LLC. Regions Bank served as the lender for the Project.
Veterans Village Apartments – Gary, Indiana
Closed – December 2013
Kuhl & Grant LLP served as counsel to the developer and the owner in connection with real estate, development and Low-Income Housing Tax Credit matters and project financing for Veterans Village Apartments, a 44-unit affordable residential housing community located in Gary, Lake County, Indiana (the “Project”). The Project is being developed by Broadway Area Community Development Corporation. (“BACDC”). Project construction financing is being provided by BMO Harris Bank, N.A. (construction loan), BACDC (CDBG loan) and the City of Gary, Indiana (HOME loan). Equity funding through the syndication of Low-Income Housing Tax Credits is being provided by Great Lakes Capital Fund.
Stadium Lofts Apartments and Stadium Flats Apartments – Indianapolis, Indiana
Closed – December, 2013
Kuhl & Grant LLP served as borrower’s counsel in connection with project financing for Stadium Lofts Apartments, a 138-unit multi-family apartment community located in Indianapolis Indiana, and Stadium Flats Apartments, a 144-unit multi-family residential apartment community, both located in Indianapolis, Indiana. Both projects are being developed by Core Redevelopment, LLC. BMO Harris Bank, N.A. served as the lender for the each of these projects.
McKinley School Apartments – Logansport, Indiana
Closed – December 2013
Kuhl & Grant LLP served as counsel to the developer and the owner in connection with real estate, development and Low-Income Housing Tax Credit matters and project financing for McKinley School Apartments, a 38-unit affordable housing community located in Logansport, Indiana (the “Project”). The Project is being developed by Crestline Development, LLC. Project construction financing is being provided by First Merchants Bank, N.A. (construction loan) and Crestline Capital Services, Inc. (AHP loan). Equity funding through the syndication of Low-Income Housing Tax Credits is being provided by City Real Estate Advisors.
Penn Street Tower – Indianapolis, Indiana
Closed – December 2013
Kuhl & Grant LLP served as counsel to the developer and the owner in connection with real estate, development, Low-Income Housing Tax Credit and Historic Rehabilitation Tax Credit matters and project financing for Penn Street Tower, a mixed-use development consisting of 98 market-rate and affordable residential units and commercial space located in Indianapolis, Indiana (the “Project”). The Project is being developed by TWG Development, LLC. Project financing is being provided by BMO Harris Bank, N.A. (equity bridge loan) and the Indiana Housing and Community Development Authority (Multifamily Housing Revenue Bonds). Equity funding through the syndication of Low-Income Housing Tax Credits and Historic Rehabilitation Tax Credits is being provided by the developer and BMO Harris Bank, N.A.