“I have known Steve Greenbaum for over 25 years and was thrilled when he and SHG presented me with an opportunity to invest capital in an affordable preservation transaction. There are many different places to invest capital but few that combine a strong, trustworthy, real estate developer like SHG with a social benefit such as helping preserve and improve affordable housing for low-income seniors. While I have been pleased with my investment, I’m more pleased knowing that through SHG I am helping provide seniors-in-need with a nicer, more comfortable place to call home with a long-term commitment to affordability.”
~ Scott Hurwitz, New Haven CT, SHG Investment Partner
“I appreciate having this opportunity to extend congratulations in recognition of the renovations completed at Park Regency Apartments [in Indianapolis]. This initial program to modernize and improve the units of Park Regency …. is worthy of applause. I am confident the tenants greatly appreciate this major undertaking and will be proud to continue to call Park Regency their home …. I join with everyone at today’s celebration in thanking [you] for providing affordable housing for low-income elderly. The leadership and business management …. to complete this project with minimal disruption to residents is most commendable.”
~ United States Senator Richard G. Lugar, R-Indiana
“As one of the leading affordable housing lenders and bond underwriters in the country, we work on a variety of complex transactions with various governmental sources of funds. Over the course of many affordable preservation transactions, Steve Greenbaum has demonstrated the capability to make these complex deals happen. It takes someone that can identify properties that will most benefit from redevelopment, recognizing the sources of funds that are available and navigating the process to obtain the sources, partnering up with experienced providers in various areas, and the perseverance to see it all the way through the financing, renovation, and operations of the property. Steve brings all these skills to the table and his developments have consistently achieved positive results.”
~ Tracy W. Peters, Senior Managing Director, Red Capital Group
“I support Senior Housing Group’s mission to provide quality, long-term, affordable housing for seniors and was thrilled to be able to help further that mission by investing personal capital in an SHG-sponsored development. Given my experience in multiple real estate investments with Steve Greenbaum, I look forward to additional opportunities to invest in SHG’s growing affordable preservation business.”
~ Chris Perrault, Washington DC, SHG Investment Partner