Edgar Flagg is dedicated to affordable housing solutions

Luther Terrace, Chicago, IL – Conventional Refinance of maturing HUD 236 financed family Building; 315 unit low/mod rehab and refinance of existing asset with new debt 2003; Role: Development Manager for owner/manager

Central City Apartments, East St. Louis, IL New 84 unit mixed income new construction rental development developed from winning RFP response. TDC = $13M;  Role: Development Manager for RFP, MDA negotiations with Housing Authority, Applications, Financing, Closing and stabilization

Wabash Crossing Phase I & II, Decatur, IL– New construction multi-phase 361 unit mixed income HOPE VI development. TDC $40M+ Role: Development Manager and 3rd Party Construction Management for new infrastructure and parks for the City of Decatur, IL.

200 North Dearborn, Chicago, IL a 47 story, 309 unit luxury residential/commercial development; sold in 2005; Role: Development Manager for owner/manager.

Gerhart Lofts, St Louis, MO – 28 unit, $9M TDC , Private Debt, Fed HTC, MO State HTC, TIF – Conventional market rate/workforce development in fast changing Central West End area of St Louis

Citi Parc @ Pine, St Louis, MO – 150 units senior development, Fed 4%  LIHTC & HTCs, MO State 4% LIHTC HTCs, Private Debt, HOME funds. Historic Renovation of existing vacant historic building and parking garage to renovate units and restore use to shuttered apartment building minutes from downtown St Louis.

Gilmore Estates, Jacksonville, IL – 24 unit Senior Development; 9% LIHTC, HOME, HUD RAD transaction to building new senior units in Jacksonville, IL. Role: Development Consultant for financing, applications, closing and equity closeout.

McKenzie Falls, Bolingbrook, IL– 116 unit family housing development; 9% LIHTC Transaction; Role: Development Consultant for completion of financial closeout and drawdown of post construction equity proceeds and conversion of construction debt to perm financing to allow owner to achieve stabilized operations.

Elgin Tower Building, Elgin, IL – 45 unit adaptive reuse conventional financed family development; Fed and IL state LIHTCs, Private Debt, TIF, Elgin, IL. TDC: $14M;  Role: Development Consultant for acquisition, financing, applications, and equity syndication.

Hines Phase 1, Cook County, IL – 72 units veteran housing development on VA campus in Cook County, IL. 9% LIHTC; Soft funds; IL Donation Tax credit Equity; TDC - $27M; Role: Development Consultant for acquisition, financing, applications, and equity syndication.

Hines Phase 2, Cook County, IL– 45 unit veteran family development VA campus in Cook County, IL. 9% LIHTC; Soft funds; IL Donation Tax credit Equity; TDC - $18M; Role: Development Consultant for acquisition, financing, applications, and equity syndication

Midway Pointe, Chicago, IL – 95 unit senior new construction development in Chicago, IL. 9% LIHTC; City HOME and TIF funds, Private First Mortgage Role: Development Consultant for imbedded development services, financing, structuring,  applications, and close of transaction.

Freedoms Path, Chillicothe, OH  – 60 unit veterans housing development in Ohio. Role: Development Consultant for financing, structuring,  applications, and close of transaction.

Freedoms Path, Vancouver WA – 72 unit veterans housing development in Vancouver WA; Role: Development Consultant for financing, structuring,  applications, and close of transaction.

Sable Chase, McDonough GA,  – 225 unit family housing acquisition near Savannah, Georgia. 4% LIHTC, 4% State LIHTCs, Private Debt TDC: $21M; Role: Development Consultant for financing, structuring,  applications, and close of transaction.

Pilsen Workforce Housing Initiative, Chicago, IL – 3 building - 33 unit family acquisition and rehabilitation development; Equity and Private Debt; $5M TDC; Role: Owner, Developer, Property Manager, Capitalization of funds for stabilization of portfolio. as Chief Real Estate Development Manager for TRP

Casa Del Sol, Chicago, IL – 53 unit SRO Preservation; Acquisition and mod rehab of existing Single Room Occupancy building in Pilsen community of Chicago; Private Debt, Equity and FHLB funds; $2M TDC; Role: Owner, Developer, Property Manager as Chief Real Estate Development Officer

Casa Veracruz, Chicago, IL– 155 unit – 14 site scattered site preservation family housing development; 4% LIHTCs,  Moderate rehab; $29M TDC; Role: Owner, Developer, Property Manager as Chief Real Estate Development Officer

Casa Queretaro, Chicago, IL– 45 unit 100% Affordable new construction family housing; 4% LIHTC, HOME and Housing Authority funds,

Casa Heritage, Melrose Park, IL – 142 Unit – 100% affordable preservation Transaction. 4% LIHTCs, HOME, Donation Tax Credit Equity, HUD 221d4 debt.

Elgin Central Park Towers, Elgin, IL– 200 Unit RAD Preservation and New Construction Building. 9% LIHTCs, Housing Authority Capital Funds, HUD 221 d4 Debt; TDC = $33M Role: Development Consultant for financing, structuring applications, and close of transaction.

Bayou Oaks, Donaldsonville, LA – 68 unit new construction family 100% affordable. 9% LIHTCs, Private Debt; TDC = $11M; Role: Development Consultant for financing, structuring, applications, and close of transaction.

The Commons at Little Bark Creek, Freemont, OH – 66 unit new construction intergenerational campus development. 9% LIHTCs, HOME, Private Debt; TDC = $10M;  Role: Development Consultant for financing, structuring, applications necessary to fully fund close and start of construction. 

Carlton Apartments, Chicago, IL 68 unit SRO 9% LIHTC Rehab 

Major Jenkins Apartments, Chicago, IL 156 unit SRO 4% LIHTC Rehab 

Commercial Projects (Select):

Gads Hill Center

New Market Tax Credit financing for acquisition and rehab of buildings for new 18,000SF Day Care Facility 

Grand Boulevard Plaza, Chicago, IL  80,000 SF conventional financed shopping center refinance closed in 2004 with new commercial 5 year debt; Role: Development Manager for owner/manager

Block 37, Chicago, IL– New construction 4 level multi-level retail mall with underground parking and transit station connections in downtown Chicago. Duties included budgeting, contracting, and construction project management for several retail and restaurant tenants.

Tenant Coordination and Landlord Buildout:

Potbelly's, Lickity Split, Au Bon Pain, Beard Papa, Gateway Newspapers, and many others.