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Managing Member 94%. Managing Member (Building Manager, LLC) 99.99%. State Historic Tax Credit Investor .01%. Member 1%. Member 1.6665% Member 1.667% Member 1.6665.%. Owner/Landlord (Owner, LLC).
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Managing Member 94% Managing Member (Building Manager, LLC) 99.99% State Historic Tax Credit Investor .01% Member 1% Member 1.6665% Member 1.667% Member 1.6665.% Owner/Landlord (Owner, LLC) “Sandwich Lease”ORGANIZATION STRUCTURE/TRANSACTION CHART(Federal Historic, State Historic, New Markets Tax Credits) HUD Insured Mortgage Loan Master Lease Managing Member (Building Manager, LLC) 0.01% Property Management Agreement Apartment Manager Operating Company/Tenant (Operating Company, LLC) New Markets/Federal Historic Tax Credit Investor Member 99.99% Commercial Master Tenant (Commercial Sublessor, LLC) Managing Member (Building Manager, LLC) 100% Leases with commercial tenants Residential Leases with tenants