Cleveland Development Advisors closed on financing for CentroVilla25, providing $10.5 million of federal new markets tax credits (NMTC) allocation, $1 million of state NMTCs, and $612,891 capital campaign bridge loan.
Cleveland Development Advisors loaning $5.5 million for redeveloping Hawthorne School into apartments
CLEVELAND, November 9, 2023 — Cleveland Development Advisors (CDA) is loaning $5.5 million for a project that will completely make over a West Park neighborhood school into reasonably priced market rate apartments. The $14.9 million historic renovation of the former...
