CPP Completes $33.6 Mil Rehabilitation of 140-unit Affordable Housing Community in Antelope
Community Preservation Partners (CPP) has completed a major renovation at Danbury Park Apartments, a 140-unit affordable housing community in Antelope, CA. The total $35.6 mil project includes an $18.5 mil purchase and nearly $5 mil in construction.Danbury Park Apartments is located at 7840 Walerga Rd, about 15 miles north of Sacramento. The community consists of […]
Quick Close Pushes San Jose Portfolio Past 1,000 Homes
We are pleased to announce our latest acquisition in San Jose – the Lenzen Square multifamily apartment community. The $20.75 million purchase adds 88 units to our San Jose portfolio – which also includesCourtyard Plaza Apartments,Monte Vista Gardensand the 700-unitEl Rancho Verde– pushing the total city footprint over 1,000 homes. The Lenzen Square deal came […]
Community Preservation Partners Acquires Second Affordable Housing Community in Virginia
IRVINE, Calif. (Feb. 26, 2019) – In a deal that adds 144 multi-family units to its portfolio on the East Coast, Community Preservation Partners (CPP) is pleased to announce the $9.5 million purchase of Royal Arms in Front Royal, Va. A rehabilitation specialist, CPP will begin an $8 million renovation on the property this winter […]
CPP Completes $35.6M Rehabilitation of 140-unit Affordable Housing Community in Antelope, Calif.
IRVINE, Calif. (May 3, 2019) – Following a major renovation designed to enrich the lives of 140 low-income families, Community Preservation Partners (CPP) today announced the completion of work at Danbury Park Apartments in Antelope, Calif. The total $35,613,373 rehabilitation includes an $18.5 million purchase and nearly $5 million in construction. The upgrades to the […]
Experienced Affordable Housing Manager Joins Community Preservation Partners
IRVINE, Calif. (Jan. 9, 2019) – John Fraser, an accomplished affordable housing executive with a decade of experience in mixed-use development, has joined Community Preservation Partners (CPP), a rapidly growing developer and rehabilitation specialist with more than 7,200 units in eight states, as its new senior project manager. Fraser comes from The Community Builders in […]