Ground leases taking root in affordable housing deals as costs rise
Ground leases are emerging as gap capital for 4% LIHTC projects, with Safehold using 99-year terms and fixed 2% annual increases.
Ground leases are emerging as gap capital for 4% LIHTC projects, with Safehold using 99-year terms and fixed 2% annual increases. This story matters for Real Estate & Property readers tracking asid. Reported by housingwire.com. Read the full original at the source link below.
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