This past Friday, Connelly Builders and Development President Kevin Connelly and Abigail Goodlett (Development Assistant) had the privilege of hosting a celebratory ribbon cutting at Beechwood Place Apartments. This development was an affordable award-winning 9% deal, which broke ground in the Spring of 2019. Following construction through the COVID-19 Pandemic, this essential property is now fully occupied with great tenants.
We are grateful to Scott Farmer (Executive Director – NCHFA), Leigh Brown (Board Member – NCHFA) and Bill Dusch (Mayor -City of Concord) for the opportunity to showcase this development. We are proud of the hard work and dedication that everyone put forth to create this much needed housing opportunity for the citizens of Concord and surrounding areas.
We recognize and appreciate the assistance provided by the following organizations as this would not have been possible without their many contributions:
NC Housing - Provider of RPP and WHLP
Lument Capital - Perm Loan Lender
Raymond James - Limited Partner
Intermark Management - Management Company
Connelly Development, LLC - Developer
Connelly Builders, Inc. - Construction Company