Aries Capital Arranges Historic Tax Credit Equity for Chicago Student Housing Development

Aries Capital is pleased to announce that Chairman and CEO Neil Freeman has arranged approximately $10 million of historic tax credit financing on behalf of the borrower, Campus Acquisitions. The historic tax credit investment represents a significant portion of the required equity and will be used to fund the redevelopment and conversion of 20-28 E. […]

Urban Development Fund LLC Receives 6th New Markets Tax Credit Allocation

Neil Freeman, President of the Urban Development Fund, LLC (UDF), an affiliate of Aries Capital, is pleased to announce that UDF recently received an allocation totaling $35 million under the New Markets Tax Credit (NMTC) program for use in the recovery and redevelopment of low-income communities across the United States. This is the organization’s sixth […]