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CAHEC has added the following properties to our portfolio:
Lily Gardens - Staunton, VA; 50-unit New Construction for families; Developer: Taft-Mills Group, LLC and Surber Development and Consulting, LLC
CAHEC Capital closed the following loan:
Carryover Loan - Lily Gardens - Staunton, VA; 50-unit New Construction for families; Developer: Taft-Mills Group, LLC and Surber Development and Consulting, LLC
CAHEC New Markets has added the following investments:
Raleigh Rescue Mission's The Garden - Knightdale, NC: The Garden is a new a situational homeless recovery facility for women and children and a children's learning center. The Garden will have 60 rooms for families, 40 rooms for individuals, and 150 childcare slots in the early learning center. The facility is projected to serve 480 adults and 300 children annually with homeless recovery services, mental and physical healthcare, job skills training, and early education and childcare. The Garden is the first phase of an exciting multiphase development that will also include transitional housing and a gym in future phases.
Congratulations to the following properties on achieving 100% occupancy:
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