Leading trade publication Affordable Housing Finance has just published its list of the top 50 Affordable Housing Developers in the US, and Carlisle Development Group is ranked as number three in recognition for starting 18 Low Income Housing Tax Credit (LIHTC) projects.
The CEO of Carlisle, Matthew Greer commented that “it’s an honor to be recognized for our industry growth,” although he also feels that this accolade should be shared by everyone who has collaborated to make their projects such a success. Matthew Greer’s individual achievement was recently recognized by the Greater Miami Chamber of commerce as he won the Real Estate Achiever and Leaders (R.E.A. L) award for the affordable/workforce housing category.
Carlisle was established in 1998 and since then has built 28 affordable developments in South Florida alone and has 80 developments nationwide totalling $1.4 billion. Some of the groups’ most notable developments are in Miami, and include The Beacon which is a $25 million project in historic Overtown, aimed at very low and low income individuals, and it’s the first major residential development in the area for more than a decade. Carlisle also developed Brownsville Transit Village which is a $100 million 467 unit community development aimed at seniors and low income families and is one of the largest of its kind in the country.
Last year the company managed to buck the recession by breaking ground on 15 new developments nationwide. It’s one of the largest tax credit developers in the US and has a large portfolio which includes mixed use, mixed income, market rate, LEED-certified and historic rehabilitation housing developments. Carlisle’s development team works hard to ensure that each new project improves the quality-of-life for the residents and helps promote a community spirit, balanced with ensuring that the property is rewarding for investors and is environmentally sustainable.