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

June 29, 2023 |

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

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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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 2025