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John Hancock Realty Advisors recently closed the following Affordable Housing deals:

Name: Old English Court
Location: Wichita, KS
Developer: Investment Resources Management
Units: 32
Units Mix: 100% Affordable
Tenancy: Family
Equity Investment: $2,728,185
Total Development Cost: $2,988,654
Credit Type: 9%

Name: River Terrace I & II Apartments
Location: Benton Harbor, MI
Developer: MHT Housing Inc.
Units: 270
Units Mix: 100% Affordable
Tenancy: Mixed
Equity Investment: $8,276,703
Total Development Cost: $24,553,261
Credit Type: 9%

Name: Hurley Creek Senior Apartments
Location: Sacramento, CA
Developer: St. Anton Partners
Units: 208
Units Mix: 100% Affordable
Tenancy: Elderly
Equity Investment: $11,104,823
Total Development Cost: $26,221,658
Credit Type: 4%

Name: Hilltop Apartments
Location: Edwardsville, PA
Developer: Silver Street Development
Units: 200
Units Mix: 100% Affordable
Tenancy: Family
Equity Investment: $3,670,204
Total Development Cost: $12,003,900
Credit Type: 4%

Name: Granby Building
Location: Columbia, SC
Developer: Philadelphia Management Co.
Units: 145 Market Rate Apartments
Units Mix: 100% Market Rate
Tenancy: Family
Equity Investment: $2,157,313
Total Development Cost: $29,200,000
Credit Type: State Credits

Name: Capital Partners Series XVIII, L.P.
Location: Missouri
Developer: Affordable Equity Partners, Inc.
Units: 453
Units Mix: 100% Affordable
Tenancy: Family/Elderly
Equity Investment: $9,012,962
Total Development Cost: $25,359,220
Credit Type: 4%

Name: Lorton Workhouse Art Center
Location: Lorton, Virginia
Developer: Lorton Arts Foundation
Units: 154,630 square feet of office space
Units Mix: N/A
Tenancy: N/A
Equity Investment: $5,038,800
Total Development Cost: $34,431,486
Credit Type: State Historic

Name: Woodcrest Retirement Residence
Location: Moon Township, PA
Developer: A.M. Rodriguez and Associates, Inc.
Units: 59
Units Mix: 100% Affordable
Tenancy: Elderly
Equity Investment: $7,009,101
Total Development Cost: $9,988,838
Credit Type: 9%

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