Stratford Capital Announces 2009 Equity Activity
By Caitlin Jones
1 min read
Tax Credit Advisor, February 2010: Stratford Capital Group announced that it raised low-income housing tax credit equity in 2009 for both individual projects and for its Stratford Fund II Limited Partnership.
The company raised more than $70 million in equity for nine affordable housing projects with 1,329 units located in seven states and the District of Columbia. These projects have a capitalized value in excess of $210 million. An affiliate of Stratford Capital served as the developer or co-developer for three of the projects.
Stratford Capital is a Boston-based real estate investment and development firm, with a multifamily rental housing portfolio of 5,648 units in 15 states and the District of Columbia.