Castellan Real Estate Partners

Construction nears completion at Pardes 1 in Elk Grove. The first phase, a 96-unit affordable housing development, of Pardes Apartments is on track for completion this summer. Once finished, it will provide much-needed housing for families and individuals earning 30–80% of the Area Median Income (AMI). Meanwhile, the 140-unit Phase II is already underway next door, bringing even more affordable housing to the community. #RealEstate #Property #AffordableHousing #Development #Construction #Housing #CRPAffordable #NewHomes #Project #Community #ElkGrove

We’re excited to celebrate the topping off of Eucalyptus Grove Apartments in Burlingame! This 69-unit affordable housing development will provide much-needed homes for families and individuals earning 20-50% of the Area Median Income (AMI). As construction progresses at a rapid pace, we remain committed to delivering quality, sustainable housing that strengthens the community. Stay tuned for more updates as we move closer to completion! #AffordableHousing #CommunityBuilding #Burlingame #EucalyptusGrove #HousingForAll #CRPAffordable

Inspired by Dr. King’s dream, we continue to invest in communities that foster growth, inclusivity, and opportunity for all. #MLKDay #RealEstateForChange #CommunityInvestment #CastellanRealEstatePartners

NOW LEASING: Construction is moving along nicely and nears completion in June at HR Crawford Gardens in Washington DC, a 100% affordable housing community that will bring 76 new homes. For leasing information, please visit: https://lnkd.in/dZpaVSrD #realestate #property #affordablehousing #development #construction #housing #crpaffordable #newhomes #project #work #community #california #leasing #washingtondc

Happy Holidays! Wishing you and your family peace, health, & happiness in the coming new year #happyholidays #happynewyear2025 #castellan #castellancapital #castellanrealestatepartners #crpaffordable #realestate #affordablehousing #affordablehomes

CRP Affordable Housing and Community Development, in collaboration with Bold Communities, Fontaine Development, and Rose Capital Advisors have successfully secured construction financing for Phase 2 of the Pardes Apartments in Elk Grove, CA. This phase will deliver 140 affordable units for individuals and families earning 30-70% of the Area Median Income, furthering our commitment to providing high-quality housing in a Highest Resource Area with access to top schools, retail, and recreation. ? We extend our gratitude to the Sacramento Housing and Redevelopment Agency for awarding Project-Based Vouchers to support individuals and families at risk of homelessness, enhancing the project's affordability and accessibility. ? Special thanks to Housing Trust Silicon Valley and Century Housing for critical predevelopment financing, and to CDLAC and CTCAC for tax-exempt bonds and 4% tax credits. Additionally, we appreciate the contributions of CREA, LLC for providing Federal and State LIHTC equity and Citi Community Capital for construction and permanent financing. We also appreciate California Housing Finance Agency’s support in issuing the tax-exempt bonds. ? This project would not have been possible without our valued partners: The John Stewart Company, Harley Ellis Devereaux (HED), Ironcore Construction LLC, TSD Engineering, inc., and others. Together, we are creating inclusive, sustainable communities. We look forward to completing this transformative project in Elk Grove. ?? #affordablehousing?#housing?#crpaffordable #housingamerica?#housingforall #urbanplanning #development?#housingprices?#realestate?#finance #property #housingjustice #economicdevelopment #sustainability #construction #newhomes #ElkGrove

Work is progressing well at Pardes 1 in Elk Grove, with significant advancements in drywall installation, wall closures, and exterior construction. The 96-unit first phase, scheduled for completion this summer, will provide affordable housing for families and individuals earning 30–80% of the Area Median Income (AMI). #realestate #property #affordablehousing #development #construction #housing #CRPAffordable #newhomes #project #work #community #ElkGrove

From the Castellan family to yours, wishing you a very Happy Thanksgiving. We’re thankful for your continued partnership with us! #thanksgiving #thanksgiving2024 #castellancapital #bridgelending #bridgeloan #directlender #acquisitions #castellan #castellanrealestatepartners #loans #property #loan #realestate #properties #investment

Today and every day, we honor the veterans who have bravely served our country. At CRP Affordable, we are dedicated to providing affordable housing to support those who have sacrificed so much for our freedom. ? With dedicated housing units at Eucalyptus Grove Apartments and more planned for the future — such as Arbor View Apartments, The Grant at Mission Trails, and Summit Ridge Apartments, among others — we strive to ensure our veterans receive the respect and support they deserve. ? Thank you for your service. ? #VeteransDay #AffordableHousing #HonoringVeterans #ThankYouForYourService #BuildingCommunity

On October 7th, CRP Affordable Housing and Community Development, in collaboration with the Central Valley Coalition, Citi, CREA, LLC, and the City of Pasadena, celebrated the "Topping-Out" of The Rose Town Apartments in Pasadena. This 48-unit, 100% affordable housing community will provide a mix of studio, one, two, and three-bedroom apartments for families. ? Located within walking distance of Los Angeles's light rail lines, the project offers easy access to public transportation and community amenities such as retail, public schools, and recreational areas. Special thanks to the following representatives for speaking at the event: ? Pasadena Mayor Victor Gordo District 4 Councilmember Gene Masuda Pasadena Housing Director Bill Huang Citibank Director Hao Li ? We look forward to completing this project and delivering 48 affordable housing units to Pasadena families. ? #ToppingOut #AffordableHousing #CRPaffordable #HousingForAll #California #CaliforniaHousing #EconomicDevelopment #Pasadena