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Canyon Partners, Santander Bank Launch Multifamily Impact Fund

by multihousingnews.com posted 1month ago 16 views
Canyon Multifamily Impact Fund IV plans to spend approximately $100 million on affordable housing properties in the Northeast. : Canyon Partners Real Estate LLC has partnered with Santander Bank to launch Canyon Multifamily Impact Fund IV, which will acquire and manage approximately $100 million of workforce housing apartment communities serving low- to moderate-income residents in the Northeast. This is the firm’s fourth partnership with the Canyon Multifamily Impact platform, which has acquired more than $475 million of workforce housing, representing more than 4,000 unites and 3.4 million square feet, since inception.

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