The president of CAPREIT discusses the role affordable housing has in his firm's... More
Acquisition brings firm's total LIHTC properties owned to nearly 7,000 units. More
Morrison Grove CAPREIT, LLC, has entered into an agreement to acquire the low-income housing tax credit asset management business of Credit Suisse (USA), Inc. More
ROCKVILLE, MD.— There’s a new player in the lowincome housing tax credit (LIHTC) market—CAPREIT. The privately held real estate investment trust is known for investing in market-rate apartments, but the firm recently stepped into the affordable arena with the purchase of three LIHTC properties in Tennessee in 2006. The complexes have a total of 402 units. More