Eric McClelland's Contact Details

Eric McClelland's Company Details

Red Stone Equity Partners, LLC

New York, New York, US • 102 Employees
Real Estate

Red Stone Equity Partners ("Red Stone") is a nationally recognized private equity real estate investment firm specializing in the syndication of Housing Tax Credits and Renewable Energy Tax Credits to facilitate the development of affordable multifamily rental housing and renewable energy projects, respectively. Red Stone builds upon long-lasting relationships with investors and developers as it acquires, structures and provides long-term asset management services to its clients. Red Stone Equity has offices in Boston, Charlotte, Chicago, Cleveland, New York and San Diego. Red Stone Equity focuses on the acquisition of multi-family affordable housing apartment communities in proven markets throughout the United States. Since inception, Red Stone has raised over $9 billion in tax credit equity for the development and/or rehabilitation of over 60,000 units in 47 states Washington, D.C. and Puerto Rico. In order to optimize investor returns and reduce long-term portfolio risk, Red Stone Equity's investment strategy is anchored upon (i) understanding the client’s needs, (ii) accurately underwriting the fundamental real estate, and (iii) promoting asset management in order to ensure long-term viability.