Our Projects

Robbie Robinson Homes

 

 

 

Robbie Robinson Homes was an investment consisting of 27 multi-family buildings with 92 rental units located in downtown Savannah, GA in the Historic District. In addition to the real estate, DAI acquired low income tax credits, which were attached to the property. This investment was purchased from the mortgage provider after they foreclosed on the previous developer’s mortgage. DAI acquired this asset in 1995 and sold all of the units after holding the buildings for 5 years. During the ownership period, DAI replaced the property’s management, brought the property to a nearly 100% occupied status, and effectively utilized all available tax credits attached to the property.