Enhanced Capital was pleased to join Allstate Ventures, Mayor Noam Bramson, City Council Member Ivar Hyden, Deputy City Manager/Development Commissioner Adam Salgado, City Manager Kathleen Gill, and the building architect Chris Fogarty for the groundbreaking ceremony at 33 Westchester Place in New Rochelle, NY, on Tuesday, May 23^rd. The 27-story development is New Rochelle’s first PACE project and will offer 315 Class A apartment units, a rooftop solarium, and retail space.

Enhanced Capital’s Impact Real Estate group and Crossroads Impact Corp (Crossroads) are proud to partner with developer Four Stones Real Estate, LLC to support economic activity in South Knoxville, TN. Through federal Historic Tax Credits and a bridge loan provided by Enhanced Capital, the former Kern’s Bakery is being redeveloped into an innovative mixed-use community after years of vacancy and voided development attempts.

Enhanced Capital’s Impact Real Estate group is proud to partner with developers IDP Properties and Mainsail Lodging & Development to support the historic renovation, community revitalization, and energy efficiency in downtown Macon, GA. Enhanced Capital provided C-PACE financing to redevelop Hotel Forty Five, the first deal in the Macon-Bibb Urban Development Authority PACE program.

Enhanced Capital’s Impact Real Estate group and Capital Plus Financial are excited to announce their participation in helping to revitalize downtown New Rochelle, NY, with developer Allstate Ventures. Enhanced Capital and Capital Plus Financial helped finance this project, which is a brownfield site cleanup, and construction of mixed-income apartments.

Enhanced Capital’s Impact Real Estate group has partnered with Allen University, a historically black university (HBCU) serving minority college and graduate students, to fund the redevelopment of the historic Good Samaritan-Waverly Hospital in Columbia, SC. The Good Samaritan-Waverly Hospital is a 19,935 square foot building that was constructed in 1952 and is listed on the National Register of Historic Places.

Through Louisiana Historic Tax Credits, Enhanced Capital is proud to support the revitalization of the Miller Roy Building in downtown Monroe, LA. Enhanced Capital partnered with developers Michael Echols and Ben Marshall to transform a crumbling, vacant landmark into 18 affordable apartments and a ground floor space for community services.

Enhanced Capital is proud to help Collage Dance Collective (“Collage”) grow by providing an investment through federal New Markets Tax Credits to build a new state-of-the-art facility. Collage is a Black-owned ballet company and dance school in Memphis, TN, that has dramatically impacted children’s lives through professional ballet training since its founding in 2006.

Enhanced Capital is thrilled to partner with St. Augustine to provide financing through the Louisiana and federal New Markets Tax Credit program. St. Augustine is a minority-controlled nonprofit college preparatory school for young men in eighth to twelfth grades. Enhanced Capital provided financing to improve the school’s campus by renovating and upgrading the existing school facilities to best-in-class learning environments.

Enhanced Capital proudly partnered with Fox Valley Developers, LLC to help finance the $118 million redevelopment of the Copley Hospital campus in Aurora, IL. Enhanced Capital provided financing through a bridge loan secured by Historic Rehabilitation Tax Credits and contributions from the City of Aurora, Illinois’ Energy Conservation Authorities’ Property Assessed Clean Energy (PACE) program, and equity to monetize Illinois River Edge Historic Rehabilitation Tax Credits.

Enhanced Capital, a national impact investment firm, proudly partnered with RYLB FW Properties LP and OGL Properties, LLC to support the redevelopment of 307 W 7th Street in the heart of Fort Worth, TX. TX. Enhanced Capital provided an investment through federal and Texas Historic Rehabilitation Tax Credits and provided a tax credit bridge loan to support preservation and revitalization within Fort Worth’s Central Business District.

Enhanced Capital is pleased to announce the closing of $6 million in additional financing for the historic Philadelphia Metropolitan Opera House (The Met). Enhanced Capital first supported The Met by providing $9 million of Historic Rehabilitation Tax Credits in 2018. The investment supported the building’s restoration into a 3,400-seat concert venue managed and operated by Live Nation, the world’s largest music and concert promoter.

Enhanced Capital is excited to partner with IDP Properties and Mainsail Lodging & Development to rehabilitate the Bankers Insurance Building, a historic high-rise in Macon, GA. Constructed in 1939, the building once stood as the tallest between Miami and New York. Enhanced Capital provided $4 million in financing through Georgia Historic Rehabilitation Tax Credits to transform the historic building into a Marriott Tribute Hotel and support the local Macon community.

Enhanced Capital is pleased to partner with Staunton Innovation Associates, LLC on the Staunton Innovation Hub project to create a space where small businesses, entrepreneurs, and innovators can combine their varied experiences and talents. Enhanced Capital financed $2.4 million in federal and Virginia Historic Rehabilitation Tax Credits, providing capital that will allow the Staunton Innovation Hub to spur the development and success of small businesses within the community.

We are seeking a highly motivated associate to join our renewable energy and new markets tax credit finance team.

Enhanced Capital’s Dusty Dickerson speaks at Novogradac’s 2020 Historic Tax Credit Virtual Conference Thursday, September 24^th from 2:30 pm – 3:30 pm ET. Dusty will provide his expertise on a panel discussing strategies for accessing investor capital.