2018 Properties Closed

CAHEC is proud to announce our affordable housing and community revitalization closings for 2018. Explore the list below to find more information about the deals we have closed this year.

December

Jevue Club, New Martinsville, West Virginia
Developer: Buckeye Community Hope Foundation
Rehab – 40 units for families

Ryan Spring Apartments, Cary, North Carolina
Developer: LIHTC Developers (Lyle Gardner/Tim Morgan)
New Construction – 42 units for seniors

Market Square V Apartments, Richmond, Virginia
Developer: Better Housing Coalition 
Acquisition/Rehab – 105 units for seniors

Rutherford Park. Murfreesboro, Tennessee
Developer: VCZ Development, LLC (Zimmerman Properties, LLC)/ Vaughn Zimmerman 
New Construction – 70 units for families

Riverwood Apartments, Clifton, Tennessee
Developer: Hallmark Development Services, Inc. 
Acquisition/Rehab – 41 units for families

Prosperity Ridge Apartments, Kannapolis, North Carolina
Developer: Wesley Community Development Corporation/Prosperity Unlimited, Inc.
New Construction – 60 units for seniors

Gaston Avenue Apartments, Fairmont, West Virginia
Developer: Gaston Avenue Associates/Christopher Sadd, Steven Sadd, Mark Sadd
Adaptive Reuse – 20 units for families

Amberly Trace Apartments, Burlington, North Carolina
Developer: Taft-Mills Group/Stuart LeGrand
New Construction – 80 units for families

Glenwood Ridge Apartments, Richmond, Virginia
Developer: The Humanities Foundation
New Construction – 82 units for families

November

Adair Place, Goldsboro, North Carolina 
Developer: Pendergraph Development, LLC
New Construction – 72 units for families

October

Stockton Pointe Apartments, Kinston, North Carolina
Developer: Pendergraph Development, LLC
New Construction – 60 units for families

Glen Elk Apartments,Clarksburg, West Virginia
Developer: Glen Elk Associates, LLC
New Construction – 36 units for seniors

September

Brown Proctor Apartments, Winchester, Kentucky
Developer: Smart Property Group, LLC/Carol Worsham
Acquisition Rehab – 49 units for seniors

Keswick II Apartments, Spotsylvania, Virginia
Developer: The Humanities Foundation, Inc.
New Construction – 116 units for families

August

James Pointe Apartments, Statesville, North Carolina
Developer: Pendergraph Development LLC
New Construction – 68 units for families

July

Amber Spring Apartments, Raleigh, North Carolina
Developer: LIHTC Developers, LLC
New Construction – 42 units for seniors

Glenwood Gardens, Gastonia, North Carolina
Developer: Mosaic Development Group, Inc.
New Construction – 58 units for seniors

June

Quarry Trace Apartments, Raleigh, North Carolina
Developer: Thomas Taft and Stuart LeGrand
New Construction – 96 units for families

May

Legacy Trace Apartment, Benson, North Carolina
Developer: Taft Mills Group and Stuart LeGrand
New Construction – 64 units for families

April

Southeast Raleigh YMCA and Elementary School, Raleigh, North Carolina
Developer: The Young Men’s Christian Association of the Triangle Area, Inc. (YMCA of the Triangle)
New Construction – New construction facility shared by a new YMCA branch and a Wake County Public School pre-k through 5th grade elementary school, an 8-lane swimming pool and children’s pool, and athletic fields.

March

Austin Manor, Smithfield, North Carolina
Developer: WWJ, LLC.
Acquisition Rehab – 48 units for seniors

Chadwick, Eden, North Carolina
Developer: WWJ, LLC.
Acquisition Rehab – 48 units for families

Colonial Lodge, Warrenton, North Carolina
Developer: WWJ, LLC.
Acquisition Rehab – 32 units for seniors

Kingswood, Kings Mountain, North Carolina
Developer: WWJ, LLC.
Acquisition Rehab – 48 units for families

Lumberwood, Lumberton, North Carolina
Developer: WWJ, LLC
Acquisition Rehab – 48 units for families

Pinegate, Marshville, North Carolina
Developer: WWJ, LLC
Acquisition Rehab – 56 units for families

Sand Hill, Ahoskie, North Carolina
Developer: WWJ, LLC
Acquisition Rehab – 40 units for families

Tall Pines, Dunn, North Carolina
Developer: WWJ, LLC.
Acquisition Rehab – 48 units for families

Woodwind, Hamlet, North Carolina
Developer: The Humanities Foundation, Inc.
Acquisition Rehab – 48 units for families

Mill Tree, Reidsville, North Carolina
Developer: WWJ, LLC.
Acquisition Rehab- 24 units for families

February

Keswick Apartments, Spotsylvania, Virginia
Developer: The Humanities Foundation, Inc.
New Construction – 120 units for families

Arlington Lofts, Lexington, Kentucky
Developer: Nicol Development Company, LLC
New Construction – 81 units for families

Westridge Apartments, Greenville, South Carolina
Developer: Flatiron Partners, LLC, Classic Development Company, LLC, Fitch Irick Partners, LLC
New Construction – 54 units for families

January

Health Equity Partners, Louisville, Kentucky
Developer: The Young Men’s Christian Association of Greater Louisville (YMCA of Greater Louisville)
New Construction – Multipurpose facility housing for new YMCA, primary care medical home, physical therapy practice, children’s counseling nonprofit, and a Republic Bank branch.

Holly Tree Manor Apartments, Holly Hill, South Carolina
Developer: WWJ, LLC.
Acquisition Rehab – Seniors 62+

McCormick Manor Apartments, McCormick, South Carolina
Developer: WWJ, LLC.
Acquisition Rehab – Seniors 62+