Atlantic American Partners, LLC

Atlantic American Partners, LLC

  • 378 Main St
  • East Greenwich, Rhode Island
  • 02818

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Description

Since 1996, Atlantic American Partners, LLC and its western-U.S. affiliate, Pacific American Properties, Incorporated, have developed thirty-five affordable apartment communities totaling approximately 5,000 units in fifteen different markets across the country. The combined value of these developments exceeds $250 million. The majority of these developments have involved the acquisition and rehabilitation of existing properties, and the balance of the portfolio has been created through the construction of new, affordable communities. Atlantic American’s competitive advantage derives from its core strengths: - - - - With its nimble structure and broad experience, Atlantic American is able to respond quickly and successfully to opportunities wherever they may arise. Through years of exclusive focus on the acquisition of existing properties with low to moderate income residents, we have developed a nationally-recognized expertise in transactions involving HUD-insured and state agency loans with and without IRP decouplings as well as project-based and tenant-based section 8 programs. Of course, we’ve also been involved in numerous projects that were conventionally financed when we acquired them. Atlantic American employs a clearly-defined strategy to acquire, rehabilitate and reposition properties. We carefully select our projects, focus our resources intensively on them and deliver on our promises. By dedicating significant attention to a project’s every detail, we minimize potential pitfalls. And if obstacles emerge, our large financial net worth and breadth of experience enables us to overcome them where others cannot. We’ve built strong relationships with brokers, lenders, investors and other key professionals in our industry with our integrity and proven history of successful projects. At Atlantic American, affordable housing is about more than bricks and mortar. We provide a reasonably-priced, high-quality living environment with an emphasis on personalized, professional service. We are proud of the numerous supportive services that we have made available to our residents and of the positive changes that have resulted in their lives.

Fact sheet

Company founded
1996

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