HPD Red Oak LP
Highland Property Development LLC, known as Highland, specializes in the acquisition and development of multifamily affordable housing, focusing on revitalizing existing rental properties at risk of conversion to market-rate housing. Since its inception in 2003, Highland has successfully acquired and redeveloped nearly 3,500 residential units across 55 multifamily properties in California and Texas, primarily involving substantial renovations of government-subsidized housing.
The company manages each stage of the development process, from property acquisition to long-term asset management, utilizing a combination of federal low-income housing tax credits, tax-exempt bond financing, and other funding sources. With a dedicated team of experienced professionals, Highland emphasizes resident safety, aesthetic design, and quality workmanship in its construction projects, ensuring superior housing for families and seniors alike.
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