PB Hagerstown, LLC, a development team formed to purchase and develop Kilpatrick Woods,
requested a $3,800,000 land acquisition and predevelopment loan for a planned 241-unit affordable rental housing LIHTC project in Hagerstown, MD.
A 56,000 square ft. mixed-use residential and commercial building, The Auburn is a central component of Detroit's "Live Midtown" incentive program. PCG helped finance the development, including affordable apartments and commercial spaces in the building.
An affordable apartment complex, Carpenter Estates consists of two- and three-bedroom units for families. PCG helped finance the construction of the development and the community services it provides.