On March 5, 2010, Centerline Holding Company (“Centerline”) completed a series of transactions with Island Capital Group LLC (“Island Capital”) and Centerline’s creditors and preferred shareholders. The transactions substantially recapitalized equity interests of Centerline, eliminated a major portion of Centerline’s liabilities and contingent exposure, and restructured all of Centerline’s outstanding debt. Centerline also sold its real estate debt fund management and non-agency commercial mortgage loan servicing businesses to an affiliate of Island Capital, C-III Capital Partners LLC (“C-III”). Our March 8, 2010 press release and March 11, 2010 Form 8K SEC filing describing these transactions can be found under the Investor Relations link on this page.  

Welcome.

Centerline Capital Group, a subsidiary of Centerline Holding Company (OTC: CLNH), provides real estate financial and asset management services, with a focus on affordable and conventional multifamily housing. We offer capital solutions, including financing and investment products, to developers, owners and investors. 

Our core businesses include: Low-Income Housing Tax Credit (LIHTC) origination, asset management, and affordable and conventional multifamily lending, primarily as a Fannie Mae DUS lender, Freddie Mac seller-servicer, and FHA-approved mortgage provider.

Centerline is headquartered in New York City, with nearly 200 employees in seven offices nationwide.

Last update: April 2,2010. The information posted is as of the date indicated and, to our knowledge, was timely and accurate when posted. We are under no obligation to update or remove outdated information other than as required by applicable law or regulation.