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Red Stone Equity Partners Raises $1.43 Billion of Equity in 2024

This article is published on: https://www.prnewswire.com/news-releases/red-stone-equity-partners-raises-1-43-billion-of-equity-in-2024-and-deepens-executive-bench-to-build-upon-its-growth-story-and-strategy-302378207.html?tc=eml_cleartime NEW YORK, Feb. 18, 2025 /PRNewswire/ -- Red Stone Equity Partners LLC ("Red Stone Equity" or the "Company"), a privately-owned real estate finance and investment company specializing in affordable multifamily fund management, announced today that 2024 marked the most productive year in the Company's history...

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Red Stone Equity Partners Closes Largest Multi-Investor LIHTC Fund Offering in its 17-year History

This article is published on: https://www.prnewswire.com/news-releases/red-stone-equity-partners-closes-largest-multi-investor-lihtc-fund-offering-in-its-17-year-history-302327408.html?tc=eml_cleartime NEW YORK, Dec. 10, 2024 /PRNewswire/ -- Red Stone Equity Partners LLC ("Red Stone Equity" or the "Company"), a privately-owned real estate finance and investment company specializing in affordable multifamily residential funds and financings, announced the closing of Red Stone Equity – Fund 113 Limited Partnership ("Fund 113"), a $263.2 million...

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Red Stone Equity Partners Deepens Executive Bench Amid Double-Digit Year-Over-Year Growth

This article is published on: https://www.prnewswire.com/news-releases/red-stone-equity-partners-deepens-executive-bench-amid-double-digit-year-over-year-growth-301867436.html?tc=eml_cleartime NEW YORK, June 29, 2023 /PRNewswire/ -- Red Stone Equity Partners LLC ("Red Stone Equity" or the "Company"), a privately-owned real estate finance and investment company specializing in affordable multifamily fund management, announced today that founder and Chief Executive Officer, Eric McClelland, will transition to Executive Chairman, and that Ryan...

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Cutting-Edge 425 Grand Concourse Building Brings 277 Affordable Apartments and Holistic, Community-Centered Amenities to the Bronx

This press release features Richard Roberts, Red Stone Equity's Principal Managing Director and Co-Head of Acquisitions, and is published in NYC Housing Preservation and Development. Red Stone Equity Partners, in collaboration with our developer and investor partners, has invested over $100 million of tax credit equity in the immediate area and 425 Grand Concourse represents the culmination of this commitment. The project is the largest passive house in North America and includes an educational facility, health clinic, supermarket, cultural...

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Red Stone Equity Annual Report 2023