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PEF Advisors Fully Invests $100 Million Affordable Housing Fund Across Six States
IRVINE, Calif. – May 1, 2023 – Preservation Equity Fund Advisors (PEF Advisors), a real estate private equity group focused on acquiring and preserving affordable housing in high-cost markets, has fully invested its WNC Preservation Equity Fund 2 (Fund 2) in $229 million in assets across six states. Fund 2, a $100 million equity fund…
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PEF Advisors Acquires The Village at Arvada in Jefferson County, Colorado
JEFFERSON COUNTY, Colo. – April 19, 2023 – Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced their recent acquisition of The Village at Arvada (formerly known as Columbine Village), an existing 232-unit apartment community in Arvada, Colorado. The property is…
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PEF Advisors Acquires Webster Court in Kent, WA
KENT, Wash., April 05, 2023 — Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced their recent acquisition of Webster Court, a 92-unit apartment community in Kent, WA, a suburb located 20 miles south of Seattle. PEF Advisors purchased the 4-story development in…
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PEF Advisors Acquires Freedom Village Apartment Community in Homewood, Ill.
HOMEWOOD, Ill., Feb. 14, 2023 — Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced their recent acquisition of Freedom Village, an existing apartment community in Homewood, Cook County, Ill. This is PEF Advisors’ second acquisition in Cook County, Ill. in the past…
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PEF Advisors Acquires Affordable Apartment Community for Seniors in Chicago
CHICAGO, Ill., Jan. 17, 2023 — Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced its recent acquisition of Belmont Place Senior Apartments, a 110-unit affordable housing community for seniors aged 65+ located in Chicago, Cook County, Ill. “As one of the most…
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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.
