News & Updates | The Sherbert Group

HISTORIC TAX CREDITS ARE NOT HISTORY

UPDATES

New brewery, Lauren Ashtyn HQ on tap for Drayton Mills

Jul 27, 2018Jul 23, 2019

From Spartanburg Herald-Journal by Adam Orr A little West Coast flavor should arrive in the Upstate before year’s end. The team at Drayton Mills Marketplace announced Thursday the project has signed the...

With New Tenants, Drayton Mills Weaves a Pattern of Success

Jul 26, 2018Jan 14, 2019

From Upstate Business Journal The “live, work, play” concept at Drayton Mills is about to get livelier. With the July 26 announcement that three more businesses are leasing space at Spartanburg’s refurbished texti...

LIHTC Re-Syndication

Mar 7, 2018Mar 7, 2018

As a LIHTC project crosses from the credit period into the remaining few years of the compliance period, the sponsor group will be considering how to close out the current agreement with the tax credit investor. In a best-case scenar...

Drayton Mills Marketplace Receives 2017 Historic Rehabilitation Award

Mar 1, 2018Jan 14, 2019

Drayton Mills Marketplace and TMS Development were honored with the 2017 Non-Residential Major Community Impact award from Novogradac. READ MORE...

LIHTC Syndication Market – Never a Dull Moment

Feb 8, 2018

As always, the Low Income Housing Tax Credit market continues to be dynamic. Despite the uncertainties of tax reform in 2017, investor appetite was still quite strong. And now that H.R. 1 has been enacted, the market should solidif...

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