Wednesday, August 26, 2009

Rankin King Farm Opens

Beacon Management's newest project opened today! Rankin King Farm was dedicated at a wonderful reception this afternoon.

I am very proud of my client and friend, George Carr, CEO of Beacon Management. George has a 30+ year career in real estate with particular emphasis in the areas of managing, developing and financing low and moderate income apartment communities. Utilizing a wide range of financing techniques, he has developed over $125 million of affordable rental housing.
These communities include conventional housing, mixed income and tax credit properties, substantially rehabilitated historic and non-historic properties and other affordable housing communities developed and assisted under a variety of city, state, and federal programs.

George has developed several properties with significant historical roots in the communities in which they are located. Rankin King Farm is one of them. He preserved the original house on the property and turned it into a community center for the residents. It's just beautiful and so exciting to see the new residents' pride in where they live.

The Harris Partners helped position this new property and sourced items that were given to residents and guests at the opening. For a rendering of this new property, see our News and Events Image Gallery.