Categories
New Orleans Office
201 St. Charles Avenue
Suite 4205
New Orleans, LA 70170
(504) 378-3470
Dallas Office
13355 Noel Road
Suite 1100
Dallas, TX 75240
(214) 746-5065
After more than two years of work, CGC will team a $5 million New Markets Tax Credit financing with $3 million in historic tax credit equity, $1.8 million in Live Performance Infrastructure Tax Credit equity and $3 million in state CDBG dollars to fund the resoration of the iconic Joy Theatre.
Work has begun on realizing the adaptive re-use of the former Belleville School, completed in 1898. With a tax credit financing structured by Crescent Growth Capital, the Belleville Assisted Living Facility will provide 52 apartments for the elderly.
813 Pelican Avenue; New Orleans, LA
A $12.7 million New Markets Tax Credit financing incorporating federal and state historic tax credit equity to fund a 53-unit, 55,000 SF assisted living facility within a disused former public school in the Algiers National Register Historic District.
2372 St. Claude Avenue; New Orleans, LA
An $11 million community retail center to provide a venue for economic advancement, spiritual progress and shared cultural space, funded with federal and state New Markets Tax Credits, federal and state historic tax credits and city and state CDBG dollars.
An innovative shared space housed within a former furniture store in New Orleans’ Faubourg Marigny, the New Orleans Healing Center approaches its opening day, eleven months after Crescent Growth Capital executed the financial closing.
1936-38 Magazine Street; New Orleans, LA
A $7.5 million financing incorporating NMTCs and federal and state historic tax credits, among other sources, to fund a new health clinic located in the Lower Garden District neighborhood of New Orleans.
With CGC-structured financing plans coalescing, now to include New Markets and state historic tax credit equity along with FEMA funding, St. Margaret’s Daughters Home predicts a 2012 opening for Phase I of the redevelopment of the former Mercy Hospital/Lindy Boggs Medical Center.
Enabled by a New Markets Tax Credit transaction structured in 2009 by Crescent Growth Capital, Lakeview Grocery’s opening marks a crucial milestone in the post-Katrina recovery of New Orleans’ Harrison Avenue commercial corridor.
Ten months after Crescent Growth Capital closed on its financing, Ursuline Academy’s Early Childhood Learning Center is slated for formal dedication on Thursday, October 7th. The center’s curriculum promises to be as advanced as its new facility.
2800 Desire Parkway; New Orleans, LA
A new $7 million environmentally-responsible, state-of-the-art Head Start early childhood education and pre-natal care facility.
Building upon a New Markets Tax Credit transaction structured last year by Crescent Growth Capital, TCI announces a second phase to its new France Road facility in New Orleans.
4201 Woodland Drive; New Orleans, LA
A $14 million nursing home for the indigent located within a facility also housing additional healthcare providers.
8 Friederichs Avenue; New Orleans, LA
A $6 million multi-purpose facility, representing the first new building in the school’s fifty-year history.
8101 Hwy 23; La Reussite, LA
A $6 million wellness and recreation facility for a Louisiana parish still recovering from Hurricane Katrina.
2635 State Street; New Orleans, LA
A $6 million cutting-edge Early Childhood Learning Center for the oldest operating school for women in the United States.