Borrower Stories
Through PCG’S GAP Loan Program, PCG worked with Legacy Bank & Trust and Locke Capital to leverage Legacy Bank’s $3,275,000 funding with a PCG funded $400,000 subordinate tranche in Legacy Bank’s $3,675,000 loan. The loan refinanced short-term acquisition financing, will retain 97 units of Read More
West Wood Oaks is the only dedicated affordable rental housing development in Fairfax, VA. PCG helped to finance the acquisition and rehabilitation of the West Wood Oaks apartments.
Market Square at Findlay Market is a redevelopment of twelve vacant buildings that will become mixed-income apartments, retail space, and office space for a community with a 50% poverty rate and 25% unemployment rate. PCG and IFF provided funding for the project that will create 289 construction Read More