Select Case Studies
Below is a sampling of Preservation Transactions that show the various ways GDG, LLC can help owners improve and preserve their housing.
ST. JOHN’S TOWERS, Havre De Grace, MD - HUD 202 Direct Loan with Section 8 refinanced for capital improvements with an FHA 223(f) Loan. More
CLAIRMONT OAKS, Decatur, GA - Deferral of a large Flex Sub Loan and payoff of a HUD Insured 236 Loan with a local loan to complete a major HVAC overhaul. More
MENORAH PARK, San Francisco, CA - Termination and mark-up of Section 8 contract resulting in a very large increase to the NOI. More
CEDAR LANE SENIOR LIVING 1 & 2, Leonardtown, MD - Refinancing of a HUD 202 Direct Loan and a HUD Insured 236 property with a new FHA 223(f) loan for the purpose of combining the two assets into one, completing minor repairs, and cashing out. More
UNIVERSITY GARDENS 1 & 2, Silver Springs, MD - A RAD for PRAC conversion of UG 2 so that it could be refinanced with its sister property, UG 1, with a new FHA 223(f) loan. More
JEWISH TOWER & ZABAN TOWER, Atlanta, GA - An FHA 221(d)4 refinancing of a HUD 202 Property with its sister 202/PRAC property to accomplish a large scale renovation. Included at R4P Conversion of Zaban. More
WESLEY MANOR, CAMPBELL, CA, Campbell, CA - A Mark-up-to-Market of the Section 8 contract to leverage a new Freddie Mac loan. Loan proceeds used for major upgrades. More
UPPER SHORE AGING HOUSING CORP, Eastern Shore, MD - Portfolio restructuring of six HUD 202/8 properties, including combining 4 properties into one scattered site asset. More