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Cpp Announces Acquisition Of Affordable Housing Community In Layton, Utah

PRIVATEOct 12, 2023

Acquiring Company

CPP

Acquired Company

Community Preservation Partners

Los AngelesReal EstateHospitalityHotelNon ProfitCommunities

Description

CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer has announced the acquisition and planned renovation of Skyline View Apartments in Layton, Utah. CPP partnered with The Hampstead Companies who will be the co-owner and co-developer. This is the second community for CPP in the state with a previous acquisition of properties in Ogden. Both cities are north of Salt Lake City and ideally suited for families searching for affordable housing near the city.

Quick answer

CPP is acquiring Community Preservation Partners, announced October 12, 2023.

How much did CPP pay for Community Preservation Partners?
The deal value was not disclosed.
Where are CPP and Community Preservation Partners based?
Community Preservation Partners is based in Los Angeles, California, United States.

Source: Fundz verified event record.

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Company Information

Company

CPP

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Frequently asked

Who acquired Community Preservation Partners?

Community Preservation Partners was acquired by CPP. The deal was reported on October 12, 2023. CPP is privately held.

When did CPP acquire Community Preservation Partners?

CPP's acquisition of Community Preservation Partners was reported on October 12, 2023. CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer has announced the acquisition and planned renovation of Skyline View Apartments in Layton, Utah. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Community Preservation Partners do?

In 2004, Community Preservation Partners was established by our parent company, WNC & Associates, a national investor in affordable housing and community renewal initiatives. It is privately held, operating in Real Estate, and is based in Los Angeles.

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