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