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Access here alternative investment news about Red Stone Equity Partners Closes $144-million Lihtc Investment Fund | Benzinga
Private Equity

Red Stone Equity Partners Closes $144-million Lihtc Investment Fund | Benzinga

by benzinga.com posted 9months ago 28 views
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.