Caché Realty Capital is pleased to announce the closing of a $5,000,000 Preferred Equity Investment in the Falls at Meehan Apartments, a 296-unit to-be-built apartment project located in Clemson, South Carolina. The project is further capitalized with a HUD 221(d)(4) 40-year fixed-rate construction loan along with a significant equity investment from the Developer/Sponsor group. Many thanks to our Co-General Partners, Bill Morris of MCP Ventures and Tom McNearney of Bailey Park Properties!