About Us

Centerline Capital Group, or its predecessor companies, has been in continuous operation since 1972. We were founded to finance affordable housing development and evolved to be a provider of comprehensive real estate financial and asset management services, with a focus on affordable and conventional multifamily housing.

Sustainable and recurring revenues are generated by our affordable housing and mortgage banking business units. We have been a leading sponsor of Low-Income Housing Tax Credit (“LIHTC”) funds since the inception of the LIHTC Program in 1986. In the 24 years since inception of the program, we have sponsored 130 LIHTC investment funds, which have raised $9.9 billion of equity and financed more than 1,500 affordable multifamily properties in 47 states, Washington DC and Puerto Rico. Currently we provide asset management services for 1,300 affordable housing properties throughout the US. We are a Fannie Mae DUS lender, Freddie Mac seller-servicer, and an FHA-approved mortgage provider. Our multifamily lending platform has originated and services approximately $9 billion of mortgage loans.

Centerline Holding Company common shares traded on the New York Stock Exchange under the ticker symbol "CHC" through Friday, December 5, 2008. 

Centerline Holding Company common shares trades on the over-the-counter ("OTC") market on the Pink Quotes (formerly the "Pink Sheets") and on the OTC Bulletin Board ("OTCBB"). The Company's OTC ticker symbol is "CLNH". Information on the Pink Quotes can be accessed via Pink Sheets' website at www.pinksheets.com and information on the OTCBB can be accessed via OTCBB's website at www.otcbb.com.

Our Business Model

Our business model is straightforward: we originate debt and equity products for affordable and market-rate multifamily properties, and service and manage mortgage loans on behalf of Fannie Mae, Freddie Mac and Ginnie Mae.

Our methodology is equally straightforward: we assess and manage investment risk and provide active quality surveillance of all assets we manage.

Our Strategy

As a result of our recent recapitalization with Island Capital Group LLC (“Island Capital”), Centerline is in position to expand and diversify, as we increase capacity in our traditional lines of business, including LIHTC origination, asset management and Mortgage Banking.

Our intellectual capital, established business platforms, and the infusion of new equity capital as a result of our recapitalization with Island Capital allows us to implement our growth strategies and create or acquire complementary businesses to our core businesses.

Our Business Groups

Over our 38 years of continuous operation, we have diversified our business lines as real estate and financial markets have evolved and economic and credit cycles have dictated.

The Affordable Housing Group and the Mortgage Banking Group conduct our business activities. They are supported by our Corporate Group, comprising Finance and Accounting, which includes Investor Relations, Legal, Corporate Communications, and Operations, which includes Information Technology, Human Resources and Office Services.

As part of our recapitalization with Island Capital, we sold our commercial mortgage-backed securities (“CMBS”) debt fund management and special servicing businesses to an affiliate of Island Capital, C-III Capital Partners LLC. We retained our traditional businesses of LIHTC origination, asset management, and affordable and conventional multifamily lending, primarily as a Fannie Mae DUS lender, Freddie Mac seller-servicer, and FHA-approved mortgage provider.

Last update: April 2,2010. The information posted is as of the date indicated and, to our knowledge, was timely and accurate when posted. We are under no obligation to update or remove outdated information other than as required by applicable law or regulation.