The Salvation Army was pleased to host the grand opening event of The Salvation Army 3010 Apartments on February 27th. Originally constructed in 1907 as Father Dunne’s News Boys’ Home and Protectorate, it was a one-of-a-kind facility housing, educating and caring for homeless boys. The Salvation Army purchased the building in 1970 and it was…
Read MoreManagement is pleased to announce that SLEF 2014 reached $23,193,600 which represents a 22.6% increase over the previous year. In addition, $5,000,000 in equity was raised from direct investments for a combined total of $28,193,600. SLEFI welcomed four new investors in 2014, First Collinsville Bank, First County Bank, First State Bank of St. Charles and…
Read MoreSt. Louis Equity Fund closed on Pine Lawn Senior Apartments, Cottages at Cathedral Square, and DeSales Impact 2014 in the fourth quarter of 2014. Pine Lawn Senior Apartments closed on October 10, 2014, and will consist of 53 units in a newly constructed multifamily building in the City of Pine Lawn. The unit mix will…
Read MoreSt. Louis Equity Fund Investors enjoyed the annual SLEFI house tour which took place on Thursday, October 23rd. Guests enjoyed touring neighborhoods and units in which SLEFI has investments and meeting the developers and property management companies responsible for these developments. Investments visited on the 2014 tour included DeSales Impact 2014, Southside Station Apartments, King…
Read MoreStan Jones, Director of Construction Management for SLEFI, celebrates 15 years with SLEFI in October. Stan is responsible for reviewing the capacity of the proposed general contractor, major sub-contractors, proposed sites, architectural plans, specifications and proposed budgets. He also monitors the construction activities and process, approves pay applications and assists in the transition to ownership.…
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