Tax Credit Syndication
Cohen-Esrey Capital Partners, LLC (CECP) makes a market in various federal and state tax
credits. These credits include both certificated and allocated credits from state low-income housing
developments and rehabilitations, state and federal historic rehabilitations.
Cohen-Esrey Capital Partners, LLC (CECP) launched The Historic Preservation Fund, LLC, in late
2007 to specifically focus on the acquisition of $11 million in federal historic tax credits for commercial and multi-family properties throughout the country.
A second $25 million fund will be opened during 2011. The Heartland Seniors Housing Funds, LLC
was formed in late 2008 to invest in $10 million of the low-income housing tax credits generated by
the development activities of Cohen-Esrey Affordable Partners, LLC.
During 2011 CECP is launching the Heartland Affordable Housing Fund II, LLC to invest in
$133 million of federal low-income housing tax credits. CETCA Housing Partners 2007, LLC and
CETCA Housing Partners 2009, LLC were formed to invest in $13 million and $32 million of Missouri state low-income housing tax credits respectively.
CECP acquires the credits and aggregates them for a variety
of investors ranging from individuals to large publicly traded
companies. These tax credit programs are highly complex
and require intricate financing structures and a thorough
understanding of the underlying assets as well as a myriad of
regulatory and tax issues. CECP professionals know how to
maximize the benefits of such programs for credit recipients
and investors alike.
Principals of CECP have invested in approximately $310 million worth of tax credits since 2000.
Our success comes from our commitment to developers and federal partners to be responsive, easy
to work with and ready to get things done, and to add value by sharing our development, market
and extensive multi-family management experience.