|Building Area Gross||
|Number of units||1261|
Jones Lang LaSalle Americas, Inc. (“JLL”) is offering qualified investors the opportunity to acquire the Southeast HAP Portfolio (the “Portfolio” or “Properties”, the “Offering”).
The 12- property Portfolio consists of 1,261 multi-housing units located in Georgia and South Carolina, all of which benefit from project-based Section 8 (HAP) contracts.
The Portfolio presents Investors the rare opportunity to deploy significant capital into an inflation-protected vehicle that generates federally-backed cash- flow and is sheltered from typical market volatility. Furthermore, the Portfolio provides Investors the opportunity to potentially preserve and renovate the Properties through an allocation of both federal and state Low Income Housing Tax Credits.
- Stable Cash Flow from HAP Contracts with Implicit Government Backing
- Potential Redevelopment and Preservation Aided by Accretive M2M Debt
- Immediate HAP Unit Scale in the Sunbelt
- Immediate Organic Upside
- Opportunity to Resyndicate