Real Estate

PRESERVING AMERICA’S HERITAGE AND REVITALIZING COMMUNITIES

Historic Preservation

Established in 1978, the Historic Tax Credit (HTC) program has facilitated the rehabilitation of over 42,000 certified historic buildings, attracted more than $90 billion in new private capital to the historic cores of cities and towns across the nation, and created more than two million jobs

Capabilities

Investor

  • Sourcing quality transactions with experienced and capable development partners
  • Negotiating favorable terms and conditions and securing viable term sheets
  • Industry-leading underwriting, asset management and investor reporting

Developer

  • Streamlining the closing process through industry leading “one stop shop” approach
  • Provide debt, federal HTC equity, federal ITC equity, state HTC equity, HTC bridge loans, and PACE financing

Impact

LEVEQUE TOWER

Location

COLUMBUS, OH

OHIO HISTORIC PRESERVATION TAX CREDIT

$5,000,000

Developers

Lawyers Development Corporation, Kaufman Development, CASTO

PROJECT SUMMARY

LeVeque Tower first opened in 1927 and for nearly 90 years it has been Columbus’ iconic landmark. After four year rehabilitation, the tower has been restored to prominence. In order to maximize the building’s unique floorplan it has been divided into three different condominiums that now contain a Marriott Autograph Collection hotel, 150,000 sf of class A office space, and 80 luxury apartments. It is a featured project of the Foss OH 2016 Fund and total development costs were in excess of $50 million.

View Project

Securities offered through Orchard Securities LLC, Member FINRA/SIPC. Foss and company is not affiliated with Orchard Securities LLC nor is it a broker dealer.