AMCAL made the list of the top 50 developers of affordable housing as determined by Affordable Housing Finance (AHF) Magazine, keeping good company with other developers “who kept the shovels turning despite rising development costs and other challenges in 2019,” according to Donna Kimura, Deputy Editor of AHF Magazine. This is the second year in a row that AMCAL ranked #15.
This article originally appeared in Affordable Housing Finance Magazine. Visit that news site to read more.
AMCAL was just ranked 18th on the list of top development firms by Commercial Property Executive and Multi-Housing News.
Since 1978, the AMCAL Group of Companies have developed more than $2.5 billion in high-quality multifamily housing projects consisting of more than 7,000 units throughout California, Texas and Washington. AMCAL has been consistently recognized for its solid financial performance and strong, conservative balance sheet which has enabled it to partner with some of the world’s leading financial institutions including Barings Multifamily Capital, Bank of America, JPMorgan, Comerica, Star America, Anchor Capital and many others.
This article originally appeared in Affordable Housing Finance Magazine. Visit that news website to see the article.