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
1200 Canal Street; New Orleans, LA
A $5 million NMTC and federal and state HTC financing integrating eight discrete funding sounces to pay for a $12 million rehabilitation of a historic post-WWII movie palace in Downtown New Orleans.
301 N. Jeff Davis Pkwy; New Orleans, LA
A permanent nursing home facility – Phase I of the redevelopment of the former Mercy Hospital – to replace the Lower 9th Ward structure destroyed by Katrina. Funding sources include FEMA reimbursements, state historic tax credits, New Markets Tax Credits and CDBG dollars.
In the wake of a successful legislative campaign strongly supported by Crescent Growth Capital, Louisiana Governor Bobby Jindal signed a four-year extension to the Louisiana State Historic Tax Credit Program.
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.