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St. Antoine Gardens

 

 

 

 

 

St. Antoine Gardens

 

St. Antoine Gardens is comprised of 30 single-family homes located in close proximity to schools, shopping, and additional amenities.  Although not developed by The Cartesian Company, the project investor requested that The Cartesian Company step in to stabilize the under-performing and under-maintained property.  As the new consultant, we immediately hired new management and maintenance staff; performed compliance re-certifications; performed all reporting actions and documentation required per HOME fund regulations; and performed all reporting actions and documentation for the Federal Home Loan Bank’s Affordable Housing Program.  As a project consultant, we have continued to act in the developer’s capacity to oversee the management, operations, and compliance conformance on the Investor’s and Sponsor’s behalf.  We were able stabilize the property, which is currently operating at 100% occupancy.