On March 5, 2010, Centerline Holding Company (“Centerline”) completed a series of transactions with Island Capital Group LLC (“Island Capital”) and Centerline’s creditors and preferred shareholders. The transactions eliminated a major portion of Centerline liabilities and contingent exposure, and restructured all of Centerline’s outstanding debt. Centerline also sold its real estate debt fund management and commercial mortgage loan servicing businesses to an affiliate of Island Capital, C-III Capital Partners LLC (“C-III”). Our March 8, 2010 press release describing these transactions can be found under the News link on this page.   

Welcome.

Centerline Capital Group, a subsidiary of Centerline Holding Company (OTC: CLNH), provides real estate financial and asset management services, with a focus on affordable and conventional multifamily housing. We offer capital solutions, including financing and investment products, to developers, owners and investors. 

Our core businesses include: Low-Income Housing Tax Credit (LIHTC) origination, asset management, and affordable and conventional multifamily lending, primarily as a Government-Sponsored Enterprise (GSE), or agency, lender.

As of September 30, 2009, we have over $9 billion of investor equity under management and provide asset management services to 1,500 affordable multifamily properties. Our agency lending platform has originated and services approximately $9 billion of mortgage loans.