Longwell Riess Welcomes Newest Member - Jennifer Simmons
Longwell Riess L.L.C. is excited to welcome new Member, Jennifer Simmons, to the firm. Jennifer comes to Longwell Riess with 18 years of experience structuring and closing complex real estate and lending transactions with many of them involving tax credit financing. Jennifer is based in St. Louis, Missouri where she will continue to practice as the newest Member of the Longwell Riess team. Founding members Kelly Longwell and Megan Riess commented: “We’re thrilled to be adding Jennifer’s exceptional talent and experience to our team. Her perspective is going to be an important asset for the firm. We’re also excited about establishing a presence for Longwell Riess in St. Louis, and we look forward to seeing that grow.”
Kelly Longwell, Megan Riess & Molly Stanga to speak at ABA Forum on Affordable Housing & Community Development, 2023 Annual Conference
May 24-26, 2023 in Washington, D.C.
ABA Forum on Affordable Housing and Community Development, 2023 Annual Conference – May 24-26, 2023. Kelly Longwell, Megan Riess and Molly Stanga will join their colleagues on forum panels in Washington, DC to discuss the latest trends in affordable housing and community development.
Longwell Riess Client - GCHP - partners with Crescent Care for historic redevelopment of 2515 Canal Street property in New Orleans, LA
Longwell Riess client Gulf Coast Housing Partnership partners with Crescent Care as project borrower and non-profit sponsor in the historic redevelopment of property located at 2515 Canal Street, New Orleans. The $22,000,000 project was financed with federal new markets tax credits, federal and state historic tax credits, and a novel HHS loan product. Upon completion, the project will expand the clinical capacity and medical services offered by the Crescent Care organization. Kelly Longwell and Chris Wootten handled the transaction.
Longwell Riess Client - GCHP - continues Housing + Health developments at The Pearl in Jackson, MS
Longwell Riess client Gulf Coast Housing Partnership continues its housing + health developments at The Pearl in Jackson, Mississippi. The $28 million project utilized low-income housing tax credits and new markets take credits for an affordable housing and health care facility for seniors. Kelly Longwell, Ben Guider and Chris Wootten represent GCHP on the transaction.
Longwell Riess Client - MGM Development Group -begins Rapides Senior Living project
Longwell Riess client MGM Development Group, begins Rapides Senior Living project. The development will be a multi-phased senior community in Monroe, Louisiana, utilizing low-income housing tax credits. Kelly Longwell represents MGM Development on the transaction.
Longwell Riess Client - GCHP- partners to develop $80 million commercial project of old Brown’s Dairy site in New Orleans, LA
Longwell Riess client Gulf Coast Housing Partnership partners with Alembic Community Development to develop an $80 million residential and commercial project on the site of the old Brown's Dairy in New Orleans, Louisiana. The development will include 192 units of affordable housing as well as a health care and community facilities. Financing included low-income housing tax credits, new markets tax credits, community development loans and commercial debt. Kelly Longwell, Megan Riess, and Ben Guider represented the developer in the transaction.
Longwell Riess Client - Michael Echols & Echols Family - break ground on old Sugar Brothers grocery store and Opera House redevelopment
Longwell Riess client Michael Echols and the Echols family break ground on the redevelopment of the old Sugar Brothers grocery store and Opera House, built in 1894, and the adjacent Southern Hardware store in Monroe, Louisiana. The development will utilize low income housing tax credits and historic tax credits and will produce the first new hotel development the city has seen in decades. Kelly Longwell represents the developer on the transaction.
Longwell Riess Client -Brownstone Development- Nathan Village Project
Longwell Riess client Brownstone Development closes on low-income housing tax credit financing for Nathan Village, a scattered-site mutli-family housing development in Ouachita Parish, Louisiana. Kelly Longwell represents the developer on the transaction.
Longwell Riess Client - GCHP - Partners With Covenant Community Capital
Longwell Riess client GCHP partners with Covenant Community Capital to develop McKee City Living, 120-unit apartment building in downtown Houston. The project is financed with Low Income Housing Tax Credits and City of Houston CDBG-DR funds. Kelly Longwell represents the developer on the transaction.
Longwell Riess Client - Provident Community Housing- Sells 100-unit St. Bakhita Apartments
Longwell Riess client Provident Community Housing sells 100-unit St. Bakhita Apartments in Jefferson Parish. The development was one of Provident’s early developments in New Orleans, Louisiana after Hurricane Katrina, and utilized GO Zone incentives, low-inome housing tax credits and commercial debt. Kelly Longwell and Ben Guider represent Provident Community Housing on the development.
Longwell Riess Client -Knight Development- Partners with Salina Housing Authority to Develop Salina RAD Homes Project
Longwell Riess client Knight Development partners with the Salina Housing Authority to develop te Salina RAD homes project, using HUD RAD program. The project is a 118-unit scattered site affordable housing development using a RAD/Section 18 blend of 24 RAD units and 94 PBV units. Kelly Longwell, Molly Stanga and Jamia Love represent the developer on the transaction.