Meridian Investments announced the $152 million initial closing of R4 Housing Partners X, LP. Eight investors participated in the closing of which five were new R4 investors. The balance of the fund will close early in 2019. R4 Housing Partners X, LP is a nineteen property multi-family LIHTC Fund diversified across fourteen states and the Commonwealth of Puerto Rico. The portfolio consists of 2,880 Low Income Housing Tax Credit housing units including new construction and rehabilitation for seniors and families.
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