Leon Capital Group Invests $19 Million in Multifamily and Student Housing Developments

Summary:

  • Leon Capital Group has closed approximately $19 million in structured equity investments to finance a multifamily development in New Hampshire and a student housing project in New York, expanding its real estate credit platform as it increases exposure to residential sectors supported by strong long-term demand.
  • The Flats on High Street is a 156-unit Class A multifamily community under development in downtown Nashua, approximately 45 minutes north of Boston. Leon provided preferred equity financing to Lansing Melbourne Group, a developer with more than two decades of experience and a portfolio exceeding $1 billion in completed and active projects.

Original article:

https://www.citybiz.co/article/873792/leon-capital-group-commits-19-million-to-multifamily-and-student-housing-projects/

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