Financial Services - , , United States
Convergence Realty, Inc Is an investment and advisory company focused on real estate and tax credit transactions. Since the mid 1990's, management has been active in sourcing, underwriting and been successful in negotiations of apartment property acquisitions, and closed 8 Billion in real estate investments, utilizing $3.6 billion of equity from institutional and corporate investors in multifamily housing developments. As leaders in affordable Multifamily real estate, our mission is to provide our investors with returns that meet or exceed their defined goals. We invest in quality affordable multifamily housing on a risk conscious basis across the United States, to deliver solid returns on our investor's equity, and to provide the highest quality housing available in each target market. Our Multifamily Investments provide a focused range of advisory and principal services including: Property Acquisition Asset Management Portfolio Management New Market Tax Credits Tax Credit Finance Investor Reporting Multifamily Development Including: HUD, LIHTC, & Market Rate Qualified to sign on HUD agency debt Qualified to sign on Tax Credit Equity Guarantees Ability to access LIHTC equity. Extensive relationships with portfolio owners, developers and investors Highest level of Risk Mitigation. Lowest volatility in real estate investment Extensive underwriting expertise National pipeline of deal-flow Through our management team's twenty-eight years of experience in the multifamily sector, focusing on affordable housing, we have gained an extensive understanding of what successful developments require.