 |
| Michael Gaber |
MINNEAPOLIS, MN – Aug. 11,
2015 – WNC, a national investor in real estate and community development
initiatives, announced today the completion of Hi-Lake Triangle Apartments, a newly constructed 64-unit affordable
senior housing community in Minneapolis.
WNC provided approximately $3.2 million in
low-income housing tax credit (LIHTC) equity to fund the new development.
“WNC is pleased to have
participated in the development of Hi-Lake Triangle Apartments, delivering new,
affordable senior housing to an area, and a nation, in desperate need,” said
WNC Executive Vice President and Chief Operating Officer Michael Gaber.
“We are thrilled to help
deliver this new community, providing many high quality amenities to its
residents.”
Hi-Lake Triangle Apartments
is a six-story building comprised of 53 one-bedroom and 11 two-bedroom units.
Located at 2230 E. Lake St., approximately 3
miles from downtown Minneapolis, the elevator-serviced community is part of a
mixed-use development containing 5,385 square feet of ground floor retail
space.
For a complete copy of the company’s news release,
please contact:
Julie Leber
Spotlight Marketing
Communications
949.427.5172 ext. 703
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