May 2, 2003
Attorneys from McCandlish Holton's Real Estate and Finance Group participated in a ribbon cutting ceremony honoring the successful redevelopment of Midlothian Village Apartments as affordable housing. Governor Mark Warner, Lieutenant Governor Timothy Kaine, Mayor Rudolph McCollum, Jr., Susan Dewey, the Executive Director of the Virginia Housing Development Authority, and John Taylor, the Chief of Multifamily Asset Management for the U.S. Department of Housing and Urban Development also participated in this event. Allan Buffenstein and Peter Henderer of McCandlish Holton assisted RST Development, Triangle Construction, and Hercules Real Estate Services in the acquisition, financing, and rehabilitation of Midlothian Village Apartments, utilizing tax advantaged financing strategies provided by affordable housing tax credits to provide high-quality, affordable housing to the citizens of Richmond. |