Helping clients create, improve, sustain, and preserve affordable housing through insightful advice, innovative transactions, and comprehensive capital needs assessments.


 Rental Assistance Demonstration Facilitation

Recap Advisors advises, supports, guides and assists Housing Authorities in taking suitable properties through the new Rental Assistance Demonstration (RAD) pilot to a successful closing. RAD works for the right public housing properties; Recap is ready to help make it work for yours.

  • Evaluation — A thorough written assessment benchmarking economics, rehab needs and financial and functional viability.  The evaluation also includes development of structuring options based on the client’s goals – from straight rehab to demolition and reconstruction.
  • Application — Recap will handle all the paperwork and prepare everything for your authorization.
  • HUD Processing — We’ll manage submission, interaction, response and pursuit of approval.
  • Identification of Financing Sources — Recap will identify potential debt (and equity, if appropriate) sources and help you choose and negotiate what works best for your situation.
  • Closing Management — As required, we’ll coordinate the team and deliver a ready-to-close package.

For a no charge initial evaluation of your portfolio, please contact Shannon Lestan at or 617.338.9484 Ext. 5950

Recap Real Estate Advisors report on “Conversion of Public Housing to Project-Based Assistance” as commissioned by CLPHA in collaboration with PHADA and NAHRO and funded by HAI Group: