News

Enhanced helps finance massive historic rehabilitation project in Savannah

December 12, 2016

Kessler

Enhanced Capital is pleased to have a role in one of the biggest private developments in the history of Savannah, Georgia.

The new Plant Riverside District is expected to bring as many as 700 new jobs to the city while transforming an old power plant into a modern-day mixed-use development. Enhanced helped the development team realize value from state historic rehabilitation tax credits, which helped finance the project.

More

Brighter Health Network, LLC Announces Acquisition of Urodynamic Testing Specialists

September 22, 2016

BHN logo

Brighter Health Network, LLC (BHN), which offers medical diagnostic solutions such as urodynamic testing services, today announced it has acquired Urodynamic Testing Specialists (UTS) for an undisclosed amount. The acquisition is expected to be immediately accretive to earnings and will significantly increase BHN’s top and bottom lines.

More

TaskEasy Announces New Credit Facilities

September 21, 2016

TaskEASY

TaskEasy, Inc., the premier nationwide, on-demand exterior maintenance provider, announces the availability of two new credit facilities to support its continued growth. Enhanced Community Development, a subsidiary of Enhanced Capital, provided $1.65 million in debt financing through the federal New Markets Tax Credit program, the Utah Small Business Jobs Act, and private capital from Goldman Sachs’ Urban Investment Group. In addition, Square 1 Bank, a division of Pacific Western Bank, has renewed a $2.2 million facility, first established in May 2015, and has increased the amount to $5.5 million.

More

KIPP Durham College Prep’s Historic Holloway Street School Opens

September 20, 2016

KIPP schools

KIPP Durham College Prep, along with community leaders and its community development partners, celebrated the opening of its newly renovated, historic Holloway Street School on Friday. KIPP Durham opened in August 2015 to a founding class of 90 fifth graders. In its first year of operation, the school operated in the Holloway Street School’s gymnasium which had been converted into four small classrooms. Renovations and additions on the nearly ninety-year old building took fourteen months.

More