The pooled bond transaction is the developer’s third collaboration with Greystone Affordable Development.
The Hallmark Cos. has closed a $168.6 million transaction to recapitalize and rehabilitate 1,310 affordable homes in Georgia.
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The rehabilitation plan includes a fast-paced construction phase, estimated to be complete within 24 months, during which no residents are expected to be permanently displaced.
Hallmark Management, Inc.
Hallmark Development Services, LLC
Hallmark Brokerage Services Company, Inc.