Equity:
$2.4B+
Deals:
580+
Units:
32,000+
Ease of execution.
Extensive experience.
We provide personalized service throughout every stage of the transaction, from acquisition to disposition.
Mid-West Region
Mid-West Region, a commitment to excellence and leadership.
Raymond James is committed to being a leader in affordable housing in the Mid-West and providing our developer partners and investors with the highest level of expertise and execution. Our team members are value-added partners, experts on state and city housing programs, and focus on ease and efficiency of execution.
Demand for high-quality affordable housing often outpaces supply, especially in the areas of supportive housing for populations in need. Raymond James is committed to further expanding our presence and increasing our investments in the years ahead.
Contact
Featured Developments
Artesian Springs Apartments | Salt Lake City, UT
Artesian Springs Apartments (Phases I and II) is a newly constructed, 244-unit family mixed-income development in Salt Lake City. It is located just two blocks from the Interstate 15 corridor, within walking distance to the 4500 South TRAX Station and just a five-minute drive to the newly renovated Fashion Place Mall. Set aside are 21 units for veterans, 12 units for physically handicapped persons, and five units for formerly homeless households. The property’s LIHTC units have an average rental rate advantage of 46%. Phase I and Phase II each consist of a single five-story mid-rise residential building with common area space on various floors. Common area amenities include elevator service, a secured parking garage, a community room, business center, fitness center, on-site management office, and courtyard with a playground and picnic area. The total cost of the development is $21 million, with Raymond James investing $11 million.
