Atlantic Development & Acquisition

Atlantic Development, LLC is a real estate development and investment company that specializes in affordable housing. We are experienced in all facets of affordable housing development, including new construction, adaptive re-use, and acquisition/rehabilitation. Recognizing the need for preservation of existing affordable housing, we have recently... focused more on acquisition/rehabilitation of existing affordable housing developments. We are actively acquiring HUD-assisted and RHS 515 projects funded through a variety of programs, including tax-exempt bonds, taxable bonds, low income housing tax credits, and conventional financing. Atlantic Development was created by principals of Silver Street Development Corp., a firm that has a solid reputation in the industry. Through this affiliation, the principals of Atlantic Development have a vast network of lenders, investors, and state housing agencies. Most importantly, our relationship with many HUD officials and our experience with these transactions assures a smooth, timely, and reliable execution. Because of our relationships, we have the ability to craft an attractive transaction for all parties involved- sellers, government officials, and residents. These relationships enable us to close transactions that others would not.Read More