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Centerline Capital Group Closes Two Low-income Housing Tax-credit Funds for $70MM to Finance Production and Preservation of 615 Units.

Publication: Investment Business Weekly
Publication Date: 14-JUN-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Centerline Capital Group ("Centerline" or the "Company"), a subsidiary of Centerline Holding Company (OTCBB:CLNH) and a provider of real estate financial and asset management services, announced it closed two proprietary low-income housing tax-credit (LIHTC) funds to raise approximately $70 million of gross equity. The equity proceeds are intended to...

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