Latest news with #DanDuda
Yahoo
5 days ago
- Business
- Yahoo
Churchill Stateside Group Provides $4,528,000 Permanent Loan Commitment for 101-Unit Affordable Family Housing Community in North Charleston, SC
CLEARWATER, Fla., June 17, 2025--(BUSINESS WIRE)--Churchill Stateside Group, LLC ("CSG"), a real estate and renewable energy financial services company, is pleased to announce the commitment of a $4,528,000 permanent loan for Cooper Crest Apartments, a 101-unit new construction affordable family housing community located in North Charleston, South Carolina. The financing, provided through Churchill Mortgage Investment LLC ("CMI"), will support the development of this modern apartment community with a 16-year term and 35-year amortization. The community will feature a mix of one-, two-, three-, and four-bedroom apartments, all income-restricted between 20% and 70% of the Area Median Income (AMI), offering high-quality, affordable living options for families in the region. Construction of the Cooper Crest Apartments is scheduled for completion in 2026. Dan Duda, Executive Vice President, National Director of Originations & Acquisitions for CSG, commented, "It's a privilege to support this impactful project that addresses the critical demand for affordable family housing in the Charleston area. Our forward-committed permanent loan structure continues to offer unique value to our developer partners, helping them lock in long-term financing certainty with favorable terms. Thank you to our development partners for allowing CSG to be part of the financing." Keith Gloeckl, Chief Executive Officer of CSG, added, "We're proud to play a part in expanding access to affordable housing through Cooper Crest Apartments. At Churchill, we remain committed to financing developments that strengthen communities and improve quality of life for families nationwide." Churchill Stateside Group continues to be a leader in affordable housing finance, dedicated to advancing strong, inclusive communities through creative, client-focused capital solutions. Looking for creative financing solutions for your next affordable housing project? Visit us at or reach out to our production team at production@ About Churchill Stateside Group Churchill Stateside Group and its wholly owned affiliates (CSG) serve the affordable housing and commercial renewable energy industries. CSG sponsors tax credit equity investment funds for institutional investors and provides a variety of construction, permanent, and bond financing solutions. With over $6.5 Billion of assets under management, CSG has long-standing and successful investment relationships with numerous corporate investors. The company's investor and developer clients benefit from our experienced staff, prominent and proactive senior leadership, and attractive debt and equity platforms. The company, through its subsidiary Churchill Mortgage Investment LLC (CMI), is an approved USDA Rural Development and HUD/FHA MAP and LEAN lender and Ginnie Mae Issuer, seller, and servicer. View source version on Contacts Carter Daignault(727) 233-0614Marketing@ Sign in to access your portfolio
Business Wire
5 days ago
- Business
- Business Wire
Churchill Stateside Group Provides $4,528,000 Permanent Loan Commitment for 101-Unit Affordable Family Housing Community in North Charleston, SC
CLEARWATER, Fla.--(BUSINESS WIRE)-- Churchill Stateside Group, LLC ('CSG'), a real estate and renewable energy financial services company, is pleased to announce the commitment of a $4,528,000 permanent loan for Cooper Crest Apartments, a 101-unit new construction affordable family housing community located in North Charleston, South Carolina. The financing, provided through Churchill Mortgage Investment LLC ('CMI'), will support the development of this modern apartment community with a 16-year term and 35-year amortization. The community will feature a mix of one-, two-, three-, and four-bedroom apartments, all income-restricted between 20% and 70% of the Area Median Income (AMI), offering high-quality, affordable living options for families in the region. Construction of the Cooper Crest Apartments is scheduled for completion in 2026. Dan Duda, Executive Vice President, National Director of Originations & Acquisitions for CSG, commented, 'It's a privilege to support this impactful project that addresses the critical demand for affordable family housing in the Charleston area. Our forward-committed permanent loan structure continues to offer unique value to our developer partners, helping them lock in long-term financing certainty with favorable terms. Thank you to our development partners for allowing CSG to be part of the financing.' Keith Gloeckl, Chief Executive Officer of CSG, added, 'We're proud to play a part in expanding access to affordable housing through Cooper Crest Apartments. At Churchill, we remain committed to financing developments that strengthen communities and improve quality of life for families nationwide.' Churchill Stateside Group continues to be a leader in affordable housing finance, dedicated to advancing strong, inclusive communities through creative, client-focused capital solutions. Looking for creative financing solutions for your next affordable housing project? Visit us at or reach out to our production team at production@ About Churchill Stateside Group Churchill Stateside Group and its wholly owned affiliates (CSG) serve the affordable housing and commercial renewable energy industries. CSG sponsors tax credit equity investment funds for institutional investors and provides a variety of construction, permanent, and bond financing solutions. With over $6.5 Billion of assets under management, CSG has long-standing and successful investment relationships with numerous corporate investors. The company's investor and developer clients benefit from our experienced staff, prominent and proactive senior leadership, and attractive debt and equity platforms. The company, through its subsidiary Churchill Mortgage Investment LLC (CMI), is an approved USDA Rural Development and HUD/FHA MAP and LEAN lender and Ginnie Mae Issuer, seller, and servicer.
Yahoo
5 days ago
- Business
- Yahoo
Churchill Stateside Group Provides $4,528,000 Permanent Loan Commitment for 101-Unit Affordable Family Housing Community in North Charleston, SC
CLEARWATER, Fla., June 17, 2025--(BUSINESS WIRE)--Churchill Stateside Group, LLC ("CSG"), a real estate and renewable energy financial services company, is pleased to announce the commitment of a $4,528,000 permanent loan for Cooper Crest Apartments, a 101-unit new construction affordable family housing community located in North Charleston, South Carolina. The financing, provided through Churchill Mortgage Investment LLC ("CMI"), will support the development of this modern apartment community with a 16-year term and 35-year amortization. The community will feature a mix of one-, two-, three-, and four-bedroom apartments, all income-restricted between 20% and 70% of the Area Median Income (AMI), offering high-quality, affordable living options for families in the region. Construction of the Cooper Crest Apartments is scheduled for completion in 2026. Dan Duda, Executive Vice President, National Director of Originations & Acquisitions for CSG, commented, "It's a privilege to support this impactful project that addresses the critical demand for affordable family housing in the Charleston area. Our forward-committed permanent loan structure continues to offer unique value to our developer partners, helping them lock in long-term financing certainty with favorable terms. Thank you to our development partners for allowing CSG to be part of the financing." Keith Gloeckl, Chief Executive Officer of CSG, added, "We're proud to play a part in expanding access to affordable housing through Cooper Crest Apartments. At Churchill, we remain committed to financing developments that strengthen communities and improve quality of life for families nationwide." Churchill Stateside Group continues to be a leader in affordable housing finance, dedicated to advancing strong, inclusive communities through creative, client-focused capital solutions. Looking for creative financing solutions for your next affordable housing project? Visit us at or reach out to our production team at production@ About Churchill Stateside Group Churchill Stateside Group and its wholly owned affiliates (CSG) serve the affordable housing and commercial renewable energy industries. CSG sponsors tax credit equity investment funds for institutional investors and provides a variety of construction, permanent, and bond financing solutions. With over $6.5 Billion of assets under management, CSG has long-standing and successful investment relationships with numerous corporate investors. The company's investor and developer clients benefit from our experienced staff, prominent and proactive senior leadership, and attractive debt and equity platforms. The company, through its subsidiary Churchill Mortgage Investment LLC (CMI), is an approved USDA Rural Development and HUD/FHA MAP and LEAN lender and Ginnie Mae Issuer, seller, and servicer. View source version on Contacts Carter Daignault(727) 233-0614Marketing@ Sign in to access your portfolio
Business Wire
21-05-2025
- Business
- Business Wire
Churchill Stateside Group Closes $10,120,000 Tax-Exempt Permanent Loan for 122-Unit Senior Housing Development in Stonecrest, GA
CLEARWATER, Fla.--(BUSINESS WIRE)--Churchill Stateside Group, LLC ('CSG'), a real estate and renewable energy financial services company, is pleased to announce the closing of a $10,120,000 tax exempt permanent loan on a new 122-unit affordable 4% Low Income Housing Tax Credit senior housing community located in Stonecrest, Georgia. The financing was provided by Churchill Mortgage Investment LLC ('CMI') under CSG's Churchill Private Tax-Exempt Loan Program ('Churchill PTEL'). The project will deliver high-quality, affordable housing for seniors through the development of a modern apartment complex consisting of 20 one-bedroom units and 102 two-bedroom units. All units will be income-restricted to residents earning no more than 60% of the Area Median Income (AMI). The development also received 4% Loan Income Housing Tax Credits. Situated just east of Atlanta in one of Georgia's fastest-growing areas, the community offers close proximity to medical facilities, retail centers such as The Mall at Stonecrest, public transportation, local parks, and entertainment—enhancing access and quality of life for senior residents. Dan Duda, EVP, National Director of Originations and Acquisitions for CSG, stated, 'We are proud to support the creation of quality, affordable housing that allows senior residents to age with dignity and independence in a vibrant community. This project exemplifies our mission to bring lasting impact to underserved populations through strategic financial solutions. Our Churchill Private Tax Exempt Loan program is a great tool for developers to capitalize on long term low interest rate fixed financing.' Keith Gloeckl, Chief Executive Officer of CSG, added, 'With a growing demand for affordable senior housing in Georgia, this community development is a critical step toward addressing the needs of this underserved community. We're proud to partner with a sponsor who shares our commitment to creating high-quality, affordable housing in communities where it's needed most. This closing is a testament to the expertise of our team and our continued focus on financing solutions that make a real difference.' Churchill Stateside Group remains dedicated to providing financial solutions that promote sustainable, inclusive housing opportunities across the nation. Looking to finance your next affordable housing project? Visit or contact our production team at production@ to learn how Churchill can help support your project's success. About Churchill Stateside Group Churchill Stateside Group and its wholly owned affiliates (CSG) serve the affordable housing and commercial renewable energy industries. CSG sponsors tax credit equity investment funds for institutional investors and provides a variety of construction, permanent, and bond financing solutions. With over $6.5 Billion of assets under management, CSG has long-standing and successful investment relationships with numerous corporate investors. The company's investor and developer clients benefit from our experienced staff, prominent and proactive senior leadership, and attractive debt and equity platforms. The company, through its subsidiary Churchill Mortgage Investment LLC (CMI), is an approved USDA Rural Development and HUD/FHA MAP and LEAN lender and Ginnie Mae Issuer, seller, and servicer.
Yahoo
01-05-2025
- Business
- Yahoo
Churchill Stateside Group Highlights Strength of USDA Rural Development 538 Loan Program Amid Industry Changes
CLEARWATER, Fla., May 01, 2025--(BUSINESS WIRE)--As the housing finance industry navigates governmental changes and shifting market dynamics, Churchill Stateside Group, LLC ("CSG"), a real estate and renewable energy financial services company, is reaffirming its strong support of the USDA Rural Development Section 538 Guaranteed Rural Rental Housing Program, which remains fully operational and active for new business. With continued demand for quality housing in rural communities, the USDA RD 538 Loan Program offers a critical financing solution for developers — and CSG stands ready to deliver. CSG has been a leading participant in the USDA RD 538 program for over a decade. "In a time when many are uncertain about the direction of affordable housing programs, we want to make it clear: the USDA RD 538 Program is open for business — and so are we," said Keith Gloeckl, CEO of Churchill Stateside Group. "Churchill has a long-standing partnership with USDA Rural Development, and we're actively originating and closing loans through the program right now." Recent developments in the housing finance sector have raised questions about the status of government-supported loan programs. Churchill Stateside Group is pleased to highlight and clarify that the USDA RD 538 Program remains a viable and attractive option for affordable housing developers, particularly in underserved rural markets. The USDA RD 538 Program provides competitive terms with long-term low fixed rates, and supports the development, acquisition, and rehabilitation of affordable multifamily housing. CSG's dedicated team brings deep experience, industry relationships, and a streamlined process to help developers access these funds efficiently. "Our mission is to be a reliable source of capital for developers who are creating and preserving rural housing," added Dan Duda, Executive Vice President & National Director of Churchill Stateside Group. "The USDA RD 538 Program plays a vital role in this, and Churchill is proud to help lead the way." About Churchill Stateside Group Churchill Stateside Group and its wholly owned affiliates (CSG) serve the affordable housing and renewable energy industries. CSG sponsors tax credit equity investment funds for institutional investors and provides a variety of construction, permanent, and bond financing solutions. With over $6 Billion of assets under management, CSG has long-standing and successful investment relationships with numerous corporate investors. The company's investor and developer clients benefit from our experienced staff, prominent and proactive senior leadership, and attractive debt and equity platforms. The company, through its subsidiary Churchill Mortgage Investment LLC, is an approved USDA Rural Development and HUD/FHA MAP and LEAN lender and Ginnie Mae Issuer. For more information, visit or contact production@ View source version on Contacts Press Release ContactCarter DaignaultChurchill Stateside GroupMarketing@ 727-233-0614 Sign in to access your portfolio
