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PEF Advisors Acquires Affordable Housing Community for Veterans in San Diego
Built in 2019, Alcove Village is a 91-unit affordable apartment community for individuals and veterans located in San Diego, California. Each apartment averages approximately 254 square feet and includes a variety of amenities across the property.
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PEF Advisors Closes on Crescent Club Affordable Housing Senior Living Apartments
Originally constructed in 1975 and re-built from the ground up in 2002, Crescent Club is a gated apartment community including 215 units spread across six, three-story buildings.
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PEF Advisors Acquires Senior Affordable Housing Rainier Vista in Pacific, Washington
About 19-years-old, Rainier Vista comprises one three-story building of 75 units of affordable housing for seniors 55+ with a mix of 57 one-bedroom units and 18 two-bedroom units.
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PEF Advisors Acquires Reflections and Woodbridge Senior Affordable Housing in Fort Collins
Located about one hour north of Denver, the combined properties include 122 units of affordable housing for seniors and will be operated together.
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PEF Advisors Acquires Oaks at Olde Towne in Gaithersburg Montgomery
Within 40 minutes of the D.C., the Oaks at Olde Towne is one four-story building of 72 units of affordable housing for seniors.
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Preservation Equity Fund Advisors Acquires Lexington Green Section 8 Low Income Housing Community
Lexington Green is a stabilized project-based Section 8 housing community for families with household incomes at 50%-60% of the area median.
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PEF Advisors Closes $100 Million Affordable Housing Fund
PEF’s WNC Preservation Equity Fund has made seven investments including 682 units for a total value of $77 million across five states.
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WNC Announces Formation of Preservation Equity Fund Advisors; Appoints Ann Caruana as President, Chief Investment Officer
PEF acquires and preserves existing affordable housing in high-cost markets nationwide through a series of closed-end funds. Ann Caruana has more than 19 years of direct experience in the multifamily investment sector,
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Preservation Equity Fund Advisors Acquires Chowchilla Gardens 54-Unit Affordable Housing in Madera County
Located in Chowchilla, California, the 99% occupied, 54-unit development includes 21 units at 50% area median income and 32 units at 60% area median income for families.