Trinity Tower

Trinity Tower

Trinity Tower offers an affordable housing option to seniors, age 62 and older. Trinity Tower is located on an historic tree-lined Linwood Avenue in Buffalo, New York, just steps away from the Buffalo-Niagara Medical Campus, several houses of worship, world famous...
McIver Homes

McIver Homes

Carthage Advisors has acquired McIver Homes, an 87-unit senior facility in East Orange, NJ. McIver Homes faced unique development issues as a HUD Section 236 project with an expiring rent subsidy contract.  Through recent HUD regulations, Carthage was able to...
Redemption Plaza

Redemption Plaza

1665 Jerome Avenue PROBLEM: Jerome Avenue is historically industrialized and deserted section of the Bronx. Because of this, Jerome Avenue has been infested with crime and violence for years. The current owner, a local nonprofit, was unable to secure the necessary...
88 Morningside

88 Morningside

Problem: Church of the Master, a leading Presbyterian church in Central Harlem, owned a rundown vacant facility that it wished to develop into an income generating property that could fund various social service programs. Moreover, the church wanted to maintain...
Colon Plaza

Colon Plaza

Carthage Advisors joint-ventured with a local development corporation to develop 55 new units of affordable housing in the heart of the community. All of the residential units were affordable to families with income at or below 60% of the area median income.