Recap Advisors

"Recap Advisors added tremendous value to recapitalizing our Arastradero Park property. They asked all the right questions, arranged the new financing that was best for us, kept the transaction moving, kept me calm and informed, followed up on everything repeatedly and pleasantly, and cleaned up all the loose ends afterward. The result was a new $8 million loan, over $52,000 in annual savings on our mortgage payments, and a significant renovation of the property."

Marlene H. Prendergast
Executive Director
Palo Alto Housing Corporation

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Representative Clients

We’ve peformed transactions on 736 properties in 44 states. Read about a few.

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Team

Todd Trehubenko
Shannon Lestan
Philip B. Silva

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Contact

Todd Trehubenko
T: 617.338.9484 x214

Transactions

Make the right buy, sell, and recapitalization decisions to increase the value of residential real estate

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Real estate portfolios should be actively managed. At any given time, the value of a portfolio can be increased through selective disposition, strategic acquisition of new assets, or refinancing or restructuring of individual properties. Transactions can increase or maintain property and portfolio value.

Recap maximizes the financial health of residential real estate

Since its founding, Recap has successfully completed over $2.5 billion in financial transactions on over 736 properties from coast to coast. We have structured, negotiated, and executed the acquisition, disposition, or recapitalization of residential real estate developed under a wide array of affordable housing programs as well as mixed-income and conventional properties.

Owners of both regulated and unregulated housing have many of the same concerns. But affordable housing owners have a range of additional worries and constraints.

Owners of affordable property face specific problems

Regulatory hurdles Use restrictions define affordable housing.
Any transaction must take a complex set of regulations into account.
Community and government stakeholders A variety of stakeholders have an interest in the fate of the property.
Owners need to communicate with all stakeholders and manage the often complicated dynamics among the parties.
Inflexible timing Regulations impose timing constraints.
Most transactions must occur at exactly the right time to achieve optimal results.
Complex partnership issues Many affordable housing investments were structured more than 20 years ago and the partners have developed divergent interests over time.
Interests must be aligned before effective transactions can be made.

For affordable property’s specific problems, Recap has specific solutions

Regulatory hurdles For every major housing program, Recap understands what the regulations do and do not require. We work within the regulatory framework to achieve the best possible results for our clients.
Community and government stakeholders Recap has long been involved with community development groups, government agencies at all levels, and resident associations. We understand their issues and concerns.
Inflexible timing Recap specializes in sequencing transactions to occur at exactly the right moment.
Complex partnership issues Recap has helped numerous difficult and even fractious partnerships to work out mutually beneficial solutions.

Recap has worked with affordable housing under every existing program

Section 236
Section 221(d)(3)
Section 221(d)(4)
Section 223(f)
Section 202
Section 8
ELIHPA and LIHPRHA
Section 515 Rural Development
Public Housing
State and local affordable housing programs

Selected clients

The Beacon Companies
JAH Realties, L.P.
Mercy Housing, Inc.
Palo Alto Housing Corporation
Starrett Housing Corporation
Thetford Properties
WinnCompanies

Recap transaction services

Recapitalize Make the best choices in restoring your property’s financial health
Sell Realize optimal residual value when selling residential real estate
Buy Acquire properties on the right terms