We have represented MSP Real Estate and its principal, Milo Pinkerton, for over 20 years in connection with his low income housing tax credit apartment developments. MSP has consistently delivered a product that is first class in construction quality, sustained occupancy and tenant satisfaction. MSP’s success starts with its superb awareness of local market needs and trends, and which locations are most apt to meet those needs. This market awareness, combined with MSP’s knowledge of the low income housing tax credit and other government programs, helps to explain MSP’s high success rate in obtaining tax credit allocations and other subsidies from state and local government agencies. Because MSP has its own construction company, construction costs and quality are under its control and rarely exceed the budgeted amount. When well constructed projects are delivered on budget and on time in markets where demand is high, success is inevitable.
MSP has developed a special niche which I refer to as the “senior campus”. The senior campus is designed as three buildings or wings connecting at a central common area. One building typically uses low income housing credits and is occupied by elderly tenants who can live independently, while the other two buildings are devoted to tenants needing more assistance or even memory care capabilities. Tenants can move between wings as needed. This concept has been great for seniors, and is just one example of MSP’s creativity.
From a personal and professional standpoint, MSP consistently does the right things for the right reasons.
Wayman C. Lawrence IV,
Partner Foley & Lardner LLP