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Park Terrace, High Point, NC

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Latest News

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

November 2, 2022 |

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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Casino real estate: the impact on business and the economy

September 8, 2022 |

Casino real estate has a significant impact on business and the economy. The industry is worth billions of dollars and employs millions of people. It is responsible for a large portion of the country's economic growth. The impact of casino real estate on business depends on several factors, including the size and type of casino involved. Casinos that are smaller tend to have a more limited impact on business than casinos that are larger like for example TerraCasino, which offers a variety of gambling games on a different preferences. In...

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Red Stone Equity Closes $233M LIHTC Fund

July 21, 2022 |

This article is published on: https://www.multihousingnews.com/red-stone-equity-closes-233m-lihtc-fund/ The vehicle will help create or rehabilitate more than 1,700 affordable units across 24 properties. Red Stone Equity Partners, a privately-owned real estate finance and investment firm specializing in affordable multifamily residential funds and financings, has closed its largest LIHTC fund offering in company history—a $233 million multi-investor Low Income Housing Tax Credit investment fund known as Red Stone Equity—Fund 95 LP. Fund 95 is...

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Red Stone Equity Annual Report 2023