It’s hard to miss, but it’s been easy to overlook, “it’s a little off the beaten path,” says Choate Construction Project Manager Brianna Walter. But when the 38th Street School building became available late last year. “It’s just something that’s too classical and too beautiful......
Cabretta would like to wish Mahala Young, our Administrative Assistant, a very happy one year anniversary! Mahala comes in each and every day with a big smile and happy disposition. She is eager to help with any task and is always on the run! She......
Today is a special day at Cabretta as we celebrate 8 years since our Founder & President, Brent Watts, started our company! We have come so far and we look forward to our continued growth many years ahead. Judy Crawford has been with us since......
Nominations are now being accepted for Historic Savannah Foundation’s 2023 Preservation Awards. Each May, HSF celebrates the area’s best preservation projects with a program that recognizes individuals, organizations, and companies who embody and practice excellence in preservation in Savannah and Chatham County. Historic Savannah......
The Missouri Housing Development Commission has approved more than $40 million worth of federal and state tax credits to help developers build 1,791 low-income housing units around the state. In a meeting last week, the commission agreed to issue half the credits on an accelerated......
The Georgia Trust for Historic Preservation is seeking a new leader as president and CEO Mark C. McDonald is retiring after a nearly 40-year career in protecting the state’s historic sites for future generations. McDonald has led the Atlanta-based statewide nonprofit for nearly 15 years and will......
More than 50 members of Congress are calling on House leadership to include an expansion of the low-income housing tax credit (LIHTC) in year-end legislation. The representatives urged action in a Nov. 28 letter to House Speaker Nancy Pelosi (D-Calif.) and Minority Leader Kevin McCarthy (R-Calif.), citing......
Merry Christmas from all of us at Cabretta!...
ATLANTA – The Georgia Department of Economic Development is doing a better job documenting the economic impact of the state’s film tax credit, according to a follow-up review. But the General Assembly has not acted to cap the credit to control its growth, as a......
A Sweet Auburn office building nearly lost to redevelopment is among the “Places in Peril” on the Georgia Trust for Historic Preservation’s annual list of the 10 most endangered historic sites. The 2023 list — announced Nov. 16 and dated to encourage rescue actions in the......
‘Tis the Season to come together, to take a break and to celebrate our accomplishments over the past year. We are so proud of our team and how far we have come since we got started. We were thrilled to have the opportunity to get......
We’ve decorated the office to get everyone in the festive spirit!...
They are the lucky few: 12 guests who’ve managed to secure a coveted seat— $1,250 a head—at Hawthorne, a gastronomically ground-breaking restaurant on a private island at the center of The Menu. It is there, however, that their luck will run out. Hawthorne is helmed by Chef Slowik......
Join us this week in Las Vegas! Our own Lou Bosso is honored to speak alongside experienced and insightful colleagues at the 2022 Novogradac Tax Credit Housing Finance Conference. Use Lou’s discount code NOVOSPKR22-LIHTC to save $50 on your registration....
A ballot measure that would set aside nearly $300 million each year in existing tax revenue to help local governments and nonprofits increase the number of affordable housing units across Colorado appears to have passed by a narrow margin. By 11 a.m. Monday, 52% of......
SAVANNAH, Ga. (WSAV) — More than 50 new forms of affordable housing will soon be available in the Hostess city. On Thursday, city officials broke ground on the Dundee Cottages project, adding 40 dwellings for residents all for less than $700 a month. “They’ve had......
HILTON HEAD, S.C. (WTOC) – As you may remember, an affordable housing framework was presented to Hilton head town council at a workshop last week. Tuesday, they voted to approve that framework. The members in attendance voted unanimously to put this housing framework into action,......
SAVANNAH, Ga. (WTGS) — The Georgia Trust for Historic Preservation is accepting applications for a grant program that will match building preservation projects up to $10,000. The funding from the program is reserved specifically for projects that focus on building exterior preservation. Danielle Meunier serves as......
FOREST PARK, Ga. – The Georgia movie industry continues to expand in metro Atlanta with a new movie studio under construction in Forest Park at the site of the old Fort Gillem. It seems that there are movie studios everywhere now, but this is the first in Clayton County. It is significant because BlueStar......
Kia’s assembly plant in West Point opened in 2008 with more than enough workers available to produce the first cars. Now, it’s become much harder to fill the 500 new jobs needed to get a new compact SUV off the assembly line. A committee of......
Most people mark a 25th anniversary with a gift of silver jewelry. To mark its 25th annual event in person from October 22-29, the SCAD Savannah Film Festival is going to fill its silver screens once again with a variety of new gems, including many......
COLUMBIA, SC (WSPA) — Leadership from the eight major military installations in South Carolina and Fort Gordon in Augusta, Georgia, met with Gov. Henry McMaster and agency heads in downtown Columbia Thursday. They talked about their accomplishments over the last year and their plans for......
We enjoyed working with the Basin Company on this historic tax credit project – they did an amazing job of bringing this Victorian District home back to life. It is nearly complete and ready for its new tenants! 🏡💫...
We had a great time attending the 2022 Annual Colorado LIHTC Conference! Here is Brent and Mark Olmos with Rubin Brown LLP enjoying a cold one at the Reception. Cheers, y’all! Have a great weekend!...
DUBLIN, Ga., October 12, 2022 (Newswire.com) – Garrison For Veterans, Solutions For Veterans, The Dublin Housing Authority, Communities for Veterans, Wellington Development Company and the entire Freedom’s Path Dublin Development Team are pleased to announce that Freedom’s Path at Dublin, Georgia, a historic 50-unit, public-private Veteran......
ATLANTA – Georgia’s housing supply – especially affordable housing – is far too low to meet the demand, a group of housing experts told state lawmakers this week. A House study committee began a series of hearings Wednesday to discuss the problems facing Georgia’s housing......
Kia’s assembly plant in West Point opened in 2008 with more than enough workers available to produce the first cars. Now, it’s become much harder to fill the 500 new jobs needed to get a new compact SUV off the assembly line. A committee of......
The strain on the global supply chain shows few signs of easing and nowhere is this more evident than in traffic-jammed ports all over the world. In May 2022, according to a Reuters report, one-fifth of the global container ship fleet was backed up. One of......
Lou, Beau and Bo Johnston with Wendover Housing Partners cutting loose after the GAHC Conference! Go Braves!! ⚾🙌...
Historic Woolworths building being rehabbed Planet Fun is on the ground level, a Savannah entrepreneurial success story. There’s also a Subway franchise next door. But the top two stories of the building at 129-131 East Broughton St. have remained vacant since the 50’s-era building’s original......
The hardworking women of Cabretta share the same goal of supporting our team day in & day out. Even from their own home offices they each play a critical role on our team and we wouldn’t be here without them! Today we celebrate the Women......
BLUFFTON, S.C. (WSAV) — Affordable and workforce housing has been the talk of the Lowcountry for years. Now, one local town isn’t just talking about it, they are acting. The Town of Bluffton and the developer, Workforce State of Mind, LLC, have partnered to build......
ATLANTA — Georgia’s film industry took off after the General Assembly significantly strengthened the state income tax credit for movie and TV productions in 2008. The industry’s annual economic impact has soared from a relatively paltry $242 million the year before lawmakers upped the ante......
Checking in from sunny Amelia Island! ☀️ Jesse Speltz is attending CBA of Georgia Connect Conference at the Ritz Carlton this week. Have a great conference, Jesse!...
It was another record-setting year for revenue generated by Georgia-made film and television productions. Governor Brian Kemp announced in August that film and television industry productions spent $4.4 billion in Georgia during the fiscal year 2022. “When the pandemic struck, we worked hard in Georgia......
Savannah’s historic Manger building may be converted (back) to hotel About 37 years after it was converted into an office building, the historic Manger building overlooking downtown Savannah’s Johnson Square may be returning to its roots. A zoning amendment approved by the Metropolitan Planning Commission......
SAVANNAH, Ga. (WSAV) — The late Savannah civil rights pioneer W.W. Law was honored on Tuesday. Community leaders and representatives from the Historic Savannah Foundation gathered at Law’s home to unveil a historic marker at the site. Law lived there until his death in 2002.......
Today is Jesse Speltz’s 2nd Anniversary with Cabretta Capital! Jesse is our Director of Tax Credit Investments and is an expert in his field. Jesse is critical to the success of our company and we are lucky to have him! Thank you for all you......
Washington, DC, August 23, 2022-Rising mortgage rates, high inflation, low existing inventory and elevated home prices contributed to housing affordability falling to its lowest point since the Great Recession in the second quarter of 2022. According to the National Association of Home Builders (NAHB)/Wells Fargo......
Brent Watts, president of Cabretta Capital, on the financial sector’s performance and the complexities of housing credit investment. NOV 11, 2020 – By Timea-Erika Papp The demand for affordable rental housing has long been a pressing issue throughout the U.S. The low-income housing tax......
By Reba Hull Campbell Richard Burts, Robert Lewis, and Bob McConnell bought 701 Whaley in Olympia in 2006. Over the course of the next two years, they restored the building so it could be used as an event space and as office space. Photography by......
Published by Mark O’Meara on Tuesday, June 2, 2020 While COVID-19 is affecting the global economy, low-income housing tax credit (LIHTC) investors and syndicators say the tax credit equity market is still active. “Investors are continuing the course. They are moving forward on projects and continuing their business......
By Astrid Martinez Published: Jul. 10, 2020 at 11:27 PM EDT ATLANTA Ga. – Coronavirus is affecting state’s economies in so many ways. And here in Georgia, shutdown orders have brought the state’s film industry to a halt. Now unions and guilds that represent film and TV......
It is not just that housing costs are too high, but that incomes are too low, says a Tufts urban planning professor “The COVID-19 outbreak and stay-at-home orders shine a spotlight on the fundamental importance of housing,” said Shomon Shamsuddin. By Kalimah Redd Knight June......
By Les Shaver | June 15, 2020 at 06:58 AM | The original version of this story was published on Globe Street Certain investors have until the end of the year to roll over capital gains into Opportunity Zone funds. The Internal Revenue Service in early June provided Opportunity Zone investors......
May 19, 2020 Jarred Schenke, Bisnow Atlanta A Three weeks ago, the phones at Atlanta film production studio Mailing Avenue Stageworks finally started ringing again. Production houses are starting to ask Georgia studio owners about available space, expecting to ramp up the start of......
The low-income housing sector won’t be greatly affected and will recover quicker than other real estate categories. By Tasha Norman | May 15, 2020 at 05:14 PM The COVID-19 crisis is leading to economic uncertainty and it is predicted will result in an economic recession. Yet, according......
The South Carolina General Assembly passed the Workforce and Senior Affordable Housing Act on May 12, 2020, and the Act was signed into law by the Governor on May 14, 2020. The Act is effective for qualified projects placed in service after January 1, 2020......
INSIGHT: Reverse Loophole Exploited by IRS Threatens Economic Revitalization May 12, 2020, 10:14 AM The IRS is taking advantage of a “reverse loophole” to deny a benefit to taxpayers intended by Congress. Jenny Johnson Ware of McDermott shows how the IRS is denying conservation easement......
By Riley Bunch rbunch@cnhi.com Apr 8, 2020 Jill Nolin | The Valdosta Daily Times A wall is designed to protect the fictional town of Alexandria from zombies as well as fans of the popular AMC show ‘The Walking Dead.’ ATLANTA — While demand for movies and......