Twain Financial is now offering property owners and their lenders an opportunity to reposition or refinance their investments by entering into sale and leaseback agreements with Twain. This new source of capital can reduce loan to value ratios and improve debt coverage with land purchase offerings of up to 30%. Because Twain’s capital offering behaves in the same way as … Read More
Twain Financial Welcomes Jela Dilber as Assistant Director of Asset Management
Twain Financial is pleased to welcome Jela Dilber as the newest addition to the asset management team. Dilber comes to Twain with nearly 20 years of experience in the tax credit industry. Most recently, Dilber served as Vice President at Capstone Development Group, where she was involved in various aspects of real estate development. Prior to her role at Capstone, … Read More
Twain Financial Shares 2019 Community Impact Report
As Twain Financial enters our seventh year in business, we were eager to share news of our community impact with our partners. 2019 was a transformative year for us, internally and externally. We grew from one office location to six, added 13 positions, relocated our St. Louis headquarters, expanded into new lines of business, invested in more states than ever … Read More
Twain Financial Relocates to 2200 Washington Avenue
Twain Financial Partners proudly announces the relocation of the St. Louis headquarters. Twain is fully committed to the downtown area and settled into its new building at 2200 Washington Avenue in late 2019. The 28,000 square-foot building was built in 1936 and had been vacant for several years. The newly renovated space now features two floors of offices and cubicles, … Read More
Twain Food Drive Brings in Over 500 Items for St. Patrick Center
Twain Financial celebrated the holiday season by hosting a food drive for nearby homeless resource agency, St. Patrick Center. Over the course of the month of December, Twain employees were welcome to donate cash or non-perishable food items to the cause. The organizers of this drive set out to collect 350 items, but Twain surpassed that goal with an impressive … Read More
St. Louis Business Journal Highlights Twain’s Strategy
Twain Financial was featured in the St. Louis Business Journal in a story highlighting the long-term strategy behind the firm’s growth. The article featured several quotes from Twain principals Marc Hirshman and Matt Badler regarding Twain’s strategic initiatives. The story covered Twain’s decision to expand its presence to five additional states and relocate the St. Louis headquarters. Read the full … Read More
Twain Financial Reaches New Milestone with First-Ever Rhode Island PACE Deal
Twain Financial Partners has expanded its reach by providing $2 million of financing to the first Property Assessed Clean Energy (PACE) loan on a new construction project in Rhode Island’s history. The project, currently a vacant lot located at 580 South Water Street in Providence, will be transformed into a newly-constructed five-story apartment complex with one and two-bedroom units. Construction … Read More
Twain Financial Featured in St. Louis Business Journal
The St. Louis Business Journal recently published a story highlighting the growth and expansion at Twain Financial Partners. The article featured several quotes from Twain principal Marc Hirshman regarding Twain’s decision to add offices in five additional states. Additionally, the story covered the upcoming move for the St. Louis office to the newly-renovated space at 2200 Washington Ave. “We are … Read More
Twain Promotes Will Purdy to Director of Business Development
Twain Financial Partners is pleased to announce that Will Purdy has been promoted to Director of Business Development. In this role, Purdy will lead origination efforts for Historic Tax Credit (HTC) equity investments and Property Assessed Clean Energy (PACE) financing. “I am thrilled to step into the role of Director of Business Development,” Purdy said. “Twain has built a strong … Read More
Twain Closes First-Ever Deferred Developer Fee Bridge Loan
Twain Financial Partners closed its first Deferred Developer Fee Bridge Loan on a Low-Income Housing Tax Credit (LIHTC) property in October of 2019. The developer, Four Corners Development, whose fee was bridged by this new loan program developed Peakview Trails Apartments. The project is a newly constructed, four-story, 96-unit LIHTC development in Greely, Colorado, which serves seniors at or below … Read More