Pagedale Senior Housing & Retail Development
Pagedale Senior Housing and Retail Development is a four story building comprised of four two-bedroom units, 38 one-bedroom units, community space, and commercial space. Midwest BankCentre occupies a portion of the commercial space and is the first full service financial institution to open a branch in the city of Pagedale. Beyond Housing provides enhanced social activities, education, and a variety of other services for the residents and other seniors in the area.
SLEFI INVESTMENT FUND: | St. Louis Equity Fund 2010, L.L.C., St. Louis Equity Fund 2011, L.L.C. |
OTHER FUNDING SOURCES: | n/a |
LOCATION: | St. Louis |
NUMBER OF UNITS: | 42 (Residential = 41 units, Commercial = 1 units) |
UNIT MIX: | 1 and 2-bedroom units |
TAX CREDITS TYPE: | Federal LIHTC, State LIHTC |
TOTAL INVESTMENT: | $5,522,093 |
TOTAL DEVELOPMENT COST: | $9,187,125 |
DEVELOPER: | Beyond Housing |
PROPERTY MANAGER: | Beyond Housing |
CONSULTANT: | TPI Group, LLC |
ARCHITECT: | Gray Design Group |
CONTRACTOR: | E. M. Harris |
LENDER: | MHDC |
LIMITED PARTNERSHIP: | Pagedale Senior Housing & Retail Development, LP |
GENERAL PARTNER: | Pagedale Senior Housing, LLC |
LIMITED PARTNER: | St. Louis Equity Fund 2010, LLC |
LIMITED PARTNER: | St. Louis Equity Fund 2011, LLC |
LIMITED PARTNER: | Midwest BankCentre |
LIMITED PARTNER: | Missouri Fund 2011 II LLC |
ACCOUNTANT: | Mueller Prost |
ATTORNEY: | The Stolar Partnership |