Pacific Park got a new low-income investor last year

Pacific Park’s 535 Carlton got a new investor last year. The 298-unit building was developed by two entities, one in charge of the moderate- and middle-income units and another in charge of the 90 low-income units. The latter, the “Affordable Owner,” was taken over by a new “Investment Member” in July 2017, the Atlantic Yards/Pacific Park Report reported, citing a document from property records. That new investment member is called the U.S.A. Institutional 80-20 Tax […]

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