Full-Service Financing: Experienced People, Proven Solutions
Newport Partners was established to provide equity financing for developers utilizing the Low Income Housing Tax Credit (“LIHTC”) by monetizing tax credit through institutional investors capital. Since inception, Newport Partners has syndicated over $1.12 billion in tax credit equity. In addition, the principals of Newport have over 40 years of experience and over $2 billion in tax credit syndication experience.
Client Focused Approach
Newport Partners has been providing tax credit syndication services to institutional investors since 1998 and its principals have been in the tax credit industry since 1988. Affordable housing developers repeatedly approach Newport Partners to secure tax credit equity financing for their developments. Newport Partners is distinctive from most tax credit syndicators due to our client focused approach and deep understanding of developer’s requirements, which is reflected by our familiar clientele base.
For investors, Newport Partners’ financial performance for projects it syndicates has been stellar. We work and, in some cases, partner with developers to ensure that the projects are as secure and robust as they could be. Newport Partners has closed 185 projects representing over 14,000 units of housing since inception.