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Atlantic structures and places debt and equity for real estate developments, including new, historical, commercial, and multifamily properties. Atlantic’s track record includes the structuring of more than 100 successful private offerings and management of over $297 million of individual and institutional equity funds.

Atlantic is in the vanguard of investment banking firms specializing in Section 42 affordable housing. We offer services in equity placement and asset management, as well as in project development. While there have been many late-comers to this field, our experience affords us an intimate understanding of a highly-complex industry.

Atlantic represents several financially strong American corporations with tax credit investment programs, as their agent and investment adviser. When you syndicate through Atlantic Capital, our corporate investors become dependable partners in your venture; as each benchmark is reached during the capital contribution pay-in period, the funds scheduled to be paid will be available. [Developers who are considering involvement with one or more ‘tax-advantaged’ (LIHTC) developments may request a copy of Atlantic’s Low-Income Housing Tax Credits—A Syndication Overview.] The professional staff of Atlantic Capital Corporation prides itself on more than 50 years combined experience in the fields of real estate finance, development, and asset management.

Staff skills are diverse, yet focused on the objective of securing equity and mortgage financing for real estate ventures involving both new development and properties slated for rehabilitation. Our experience which includes the direct development and management of residential, retail and commercial properties makes it possible for us to detect early-on the pitfalls and problems a developer is likely to encounter in construction and in syndication and to act as an effective mediator between the developer and a prospective investor.

Our Services Include:

• Guidance through the entire process of applying for and securing a reservation of Low-Income Housing or Historic Tax Credits
• Origination of institutional debt and equity placement programs
• Structuring of real estate limited partnerships
• Placement of equity interests with institutions and qualified private investors

Consultants and Advisors:

In working with clients, Atlantic’s first step is to formulate a financial strategy based on present and projected market conditions. Once a decision has been made to proceed with a syndication or mortgage placement, a comprehensive program is tailored to the development’s specific parameters. Atlantic’s active involvement in a real estate venture continues well beyond the placement of debt and equity. Equal attention is given to insuring that the project remains well-managed and that maximum benefits are achieved.

Our Investor Services Division monitors program performance and provides accurate, timely reports to investors. This department communicates with investors, general partners and lenders regarding partnership interests, collection and disbursement of funds, and the status of escrow accounts. Additionally, the department distributes annual “K-1”forms and financial statements, and makes on-site inspections of the developments, as called for.

Investment Analysis, Asset Management, and Affordable Housing Development over the years:

Atlantic has also acted as a principal buyer, developer and managing general partner of a number of real estate developments. We seek out real estate transactions holding promise of profit potential and capital appreciation—both directly and through joint ventures—with individuals and firms sharing common objectives and possessing complementary skills and strength.

Areas of Expertise and Services Provided by the Atlantic Team:

• Creation of an investment strategy
• Market and feasibility study
• Problem solving
• Property search and selection
• Property acquisition
• Mortgage and equity financing
• Accounting and legal reporting and communication
• Liaison with relevant government agencies for development approvals
• Preparation and processing of Section 42 low-income housing tax credit applications
• Ultimate disposition of real estate

Following are Examples of Developments Which Atlantic and its Principals Have Successfully Developed:

• Structured a limited partnership for a 342-unit combined market-rate and low-income Section 42 residential development, and arranged for the placement of equity interests in this partnership
• Secured housing tax credits in the aggregate annual amount of $860,629 for three multifamily developments in New York State
• Designed a debt and equity placement program for the purchase and rehabilitation of a multi-unit, multi-site 100 percent Section 42 housing development in Texas
• Acted as managing general partner, developer, and property manager for the acquisition, restoration and marketing of a combined (residential and commercial) historic investment development containing 57 luxury apartments and 12,000 square feet of commercial space
• Structured the limited partnership and equity syndication program for the first low-income multifamily housing development financed by the Massachusetts Housing Finance Agency under the State Housing Assistance for Rental Production (SHARP) Program
• Acted as co-developer and property manager for the construction, leasing, and equity syndication of a new construction, 50,000 sq. ft. corporate office building