Crown Court Properties operations are handled by Rabbis Motty Spalter and Menachem Rapoport, who share the daily responsibilities of managing the business. They are personally involved in all parts of the business, including prospecting for project development, new project feasibility, value assessment, tax credit application process, negotiations with potential syndicates, mortgage applications, rehab planning, construction details, site visits, management issues, rent up, monthly audit review, and tenant relations.
This involvement gives them in-depth knowledge and experience with affordable housing. It allows CCP to close deals quickly and consistently, secure credits for applications submitted and achieve REAC scores ranging from 93 to 98%, while preserving the dignity and sustainability of the individuals and communities served. With a solid track record of 100% of CCP’s portfolio performing, investors and lenders can feel confident that they’ve made a safe, secure decision in working with Crown Court Properties.