Clay Landers This is Me

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1. 1. www.gastongazette.com

   www.gastongazette.com/news/mil - [Cached]

   Published on: 4/30/2008   Last Visited: 5/1/2008

   Clay Landers, with developer Camden Management Partners, said there were concerns that the project might lose some new market tax credits, if the financing did not close at the end of May.
   
   But those tax credits are still committed to the project, he said.
   
   "It was resolved," he said. "We were concerned about that, but not anymore."
   
   While there are no hard deadlines for closing the deal at this point, Landers said they are moving ahead as quickly as possible. If progress is not achieved soon, Landers said there could be some pressure to use available tax credits on another project.
   
   "We're fighting an unusual market where lenders are getting tighter by the day," Landers said.
   ...
   Once the restoration begins, tenants could be moving in and opening shops in a year to 18 months, Landers has said.

2. 2. 22-story tower proposed - 2005-08-29

   charlotte.bizjournals.com/char - [Cached]

   Published on: 8/29/2005   Last Visited: 8/29/2005

   "It's going to be a challenging project, but we've done some tough projects in the past, and that gives us some confidence," says Clayton Landers, a partner at Camden Management.

3. 3. Tallahassee Democrat | 04/16/2005 | Affordable living and a lot of it

   www.tallahassee.com/mld/tallah - [Cached]

   Published on: 4/16/2005   Last Visited: 4/16/2005

   "We started (construction) in the first week of February," said Clay Landers, owner of Camden Management Partners in Atlanta. "We expect to be mostly completed by January."
   
   He said the Lakes at San Marcos complex is on 24.4 acres on the southwest corner of Capital Circle Southeast and Woodville Highway and will have 312 multifamily units when finished.
   
   Leon County commissioners approved the sale of tax-exempt revenue bonds in February to finance the project because 75 percent of the units will be set aside for families earning less than $40,000 annually. Landers said those tenants will be allowed to set aside 5 percent of their rent to be used as a down payment on a home.
   
   Rents will start at $595 a month for a one-bedroom apartment, go to $641 for a two-bedroom apartment and $726 a month for a three-bedroom apartment.
   
   Landers said 78 of the 312 units will be rented at market price, from $750 to $950 monthly.
   
   Landers, a Georgia Tech graduate originally from Bainbridge, Ga., said he has long had an association with Tallahassee because his mother and sister attended Florida State University. He said he became interested in the idea of a multifamily apartment complex in early 2003, when he noticed there was a lack of affordable housing in the city.
   
   "There were some articles that pointed out Tallahassee was one of the least affordable cities in the nation," Landers said.
   ...
   Landers said the Genesis Group, a Tallahassee firm, is handling the civil engineering for the project.