First Sterling Financial, Inc.
Working with you to pioneer opportunities & innovate transactions since 1979, we were among the first to structure tax credits with tax-exempt bonds. Today, tax-exempt bond transactions represent over 50% of our ongoing business. Our experience ranges from federal, local & state housing initiatives & demonstration programs, to award-winning state tax credit transactions & historic properties. Irrespective of the type of transaction, we maximize sources of funding & benefits to developers & investors. Specific Experience Tax Credits Federal LIHTC - Federal Historic State LIHTC - State Historic Brownfield Property Types Multifamily - Senior Affordable - Workforce - Military Mixed Income - Mixed use - Preservation Residential & Commercial Historic Rehabilitation Independent Living - Assisted Living - Special Needs Transportation - Oriented Developments Adaptive Reuse Debt Financing Conventional Loans - Fixed-Rate Tax-Exempt & Taxable Bonds Variable Rate Bonds with Caps, Swaps or Collars Federal HUD 236 IRP Decoupling - 223(f) - 221(d)(3) & (d)(4) CDBG - Rural Development 515 & 538 Risk Sharing - FHLB Other Specialties and Subsidies Tax Increment Financing - PILOTS - Tax Abatements Section 8 Project Based & Enhanced Preservation Vouchers Inclusionary Zoning - 421-a Certificates Assisted Living Facilities with Medicaid Waivers Condominium Structure - Master & Sandwich Lease Transactions Green Initiatives (LEED Certified)
Real Estate Specialization
| Affordable Housing |
Investment Type
| JV partnership |
| Debt |
Investment Style
| Core |
| Core+ |
| Value-add |
| Opportunistic |
| Development |
Typical Deal Size
| $10,000,000 - $50,000,000 |
Martin Soja
Ann Soja
- 516-869-7430
- asoja@firststerling.com