West Region

Ease of execution. Extensive experience.

Our commitment to the West provides new investment opportunities and greater flexibility for our clients. California in particular is an important area of focus for our investment efforts, given that many of our investment partners have large Community Reinvestment Act (CRA) needs in the state.

Syndicate


Equity:
$2.75B+

partners


Deals:
250+

Sponsored


Units:
20,000+

 

Ease of execution.
Extensive experience.

We provide personalized service throughout every stage of the transaction, from acquisition to disposition.

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West Region

West region, a commitment to excellence and leadership.

Our commitment to the West provides new investment opportunities and greater flexibility for our clients. California in particular is an important area of focus for our investment efforts, given that many of our investment partners have large Community Reinvestment Act (CRA) needs in the state. Demand for high-quality affordable housing often outpaces supply, and we're committed to increasing our investment activity in the area. We take our role as a strong fiduciary to our developer and institutional investor clients very seriously and look forward to expanding our presence in the West by providing efficient execution and sound investments for our clients.

Since 2010, Raymond James has provided over $2 billion in tax-credit equity to fund more than 160 affordable housing developments throughout California. This includes the syndication of eleven California regional funds totaling over $1.1 billion in equity. RJAHI recently completed syndication of a $135 million Low Income Housing Tax Credit (LIHTC) fund that will provide equity financing for the construction or rehabilitation of eight affordable housing developments throughout California. The Raymond James California Housing Opportunities Fund 11, LLC, was fully subscribed with eight institutional investors. The 798 total housing units being created consist of both new construction and acquisition rehabilitation properties targeting families, seniors and special needs populations including veterans and chronically homeless persons.

Contact

Kevin Kilbane
Vice President and Managing Director of Acquisitions, West
Raymond James Affordable Housing Investments
 
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Dan Wendle
Vice President and Director of Acquisitions, West
Raymond James Affordable Housing Investments
 
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