Riverside Capital, a joint venture of Berkadia and The Michaels Organization, is a full-service tax credit investment company offering capital solutions to developers of high-quality affordable housing. National in scope and serving both for-profit and nonprofit developers, Riverside has guided the financing and syndication for more than 7,500 affordable apartment homes across the country, representing $900 million of equity capital. With a network of strong investor relationships and a focus on transparency, competitive pricing, and long-term value creation, Riverside Capital is committed to providing financial solutions for affordable housing communities and that lift the lives of the residents who call those communities home.
Financing Solutions that Transform Communities
Check out our latest development in Warm Springs, OR.
Greeley Heights, located in Oregon, will consists of 35 single family homes and a community center on the Warm Springs Reservation. This project will have a mix of units varying from 3 bedroom houses to 5 bedroom houses. All houses will be LIHTC units with the exception of one unit designated for the on-site manager of the property.
Riverside Capital invested a net equity of $7,374,814 into this new construction which will cost $9,709,967 in total.
After a decade providing unique financing solutions for affordable housing
developments nationwide for only The Michaels Organization, Riverside
Capital discovered a need for which it was uniquely qualified — to streamline the financing process with simplicity, transparency and predictability. And now as its own entity, Riverside Capital works independently to ensure objectivity and creative problem-solving.