By Crescent Growth Capital, LLC on February 23, 2016
535 Tchoupitoulas Street, New Orleans, LA
A $33 million rehabilitation of six historic buildings, subsidized by an $11 million state historic tax credit financing generating nearly $2.8 million in tax credit equity.
By Crescent Growth Capital on December 22, 2015
4732 West Illinois Avenue, Dallas, TX
A $7 million federal NMTC financing to construct the 21,400 SF Family Health Center, offering a broad range of health services to Los Barrios Unidos’ 21,000+ annual patients, 74% of whom are uninsured.
By Crescent Growth Capital on December 10, 2015
A $6 million federal NMTC financing to provide a working capital facility to one of Idaho’s most respected Federally-Qualified Health Centers.
By Crescent Growth Capital on September 16, 2015
4000 West Diversey, Chicago, IL
A stacked $7.5 million state/$6 million federal NMTC financing, funding the first phase of an adaptive re-use of the long-vacant Marshall Fields Department Store, into a 68,000 sf Cermak Fresh Market grocery store.
By Crescent Growth Capital, LLC on May 22, 2015
1111 Gravier Street, New Orleans, LA
A $42 million transformation of an abandoned commercial office building into the Troubadour Hotel, financed with $12 million of federal and state historic tax credits.
By Crescent Growth Capital on May 6, 2015
5610 S. 42nd Street, Omaha, NE
A stacked $10.3 million Nebraska state and $3 million federal NMTC financing to build a 16-classroom early childhood development center that will serve the most impoverished children in Omaha.
By Crescent Growth Capital on April 12, 2015
1 Cloverleaf Drive, Monmouth, IL
A stacked $10 million Illinois state and $14 million federal NMTC financing to build a refrigerated warehouse and distribution center that creates 150 new jobs and increases access to healthy foods in a USDA-designated Food Desert.
By Crescent Growth Capital on January 29, 2015
1891 9th Street, Mobile, AL
A $10 million federal NMTC financing for MAAS Aviation to fund their first Airbus A320 paint bay, located within the Brookley Aeroplex in Mobile, AL.
By Crescent Growth Capital on December 29, 2014
111 Ouachita 301, Camden, AR
A $12 million Arkansas state NMTC and $9 million federal NMTC financing that provided Victory Lumber with the funds to fully renovate and bring back to commerce a lumber mill that had sat vacant since 2009, creating 54 new full time jobs in the process.
By Crescent Growth Capital, LLC on October 31, 2014
2635 State Street, New Orleans, LA
A $6 million Fitness & Wellness Center received a combined New Markets Tax Credit and state historic tax credit subsidy of over $1 million, energizing Ursuline’s post-Katrina recovery.
Posted in Past Projects | Tagged Adaptive Re-use, CDEs, Historic Preservation, Historic Rehabilitation, New Markets Tax Credits, New Orleans, Non-profits, Post-Katrina Recovery, State Historic Tax Credits, Tax Credit Equity