Private Equity
Red Stone Equity Partners closes $144-million LIHTC Investment Fund PR Newswire NEW YORK, Aug. 6, 2018 NEW YORK, Aug. 6, 2018 /PRNewswire/ -- Red Stone Equity Partners, LLC ("Red Stone Equity"), a privately-owned real estate finance and investment company specializing in multifamily residential funds and financings, announced the closing of Red Stone Equity - 2018 National Fund, L.P. ("2018 Fund"), a $144-million multi-investor Low Income Housing Tax Credit ("LIHTC") investment fund. The 2018 Fund is the eighth Red Stone Equity multi-investor fund offering to close in the last seven years and includes investments from six institutional investors.