Dantes Partners offers a variety of services to the Washington, D.C.  affordable housing community. The company’s success is driven both by its technical expertise and its ability to extract value in even the most complex transactions. Such was the case with a slate of affordable housing properties the Dantes Partners recently worked on in order to create affordable homes for a variety of people in need, ranging from seniors to renters with low-incomes to professionals looking to purchase a home.

With partner Roadside Development, Dantes Partners is currently constructing a 90-unit senior housing development within a mixed-use property, which includes direct access to a new Giant grocery store and public transportation. As developer/owner Dantes Partners identified and closed the acquisition financing and the structured financing. The company also used a wide array of additional funding tools to make this development a reality, including LIHTC, soft debt from the Department of Housing and Community Development, and tax exempt bonds from DC Housing Finance Agency.

Notably, Dantes Partners recently won D.C.’s solicitations for proposals for the acquisition and development of a 36-unit for-sale multifamily property. Originally abandoned, the building was in need of substantial renovation. By using private equity and conventional debt, Dantes Partners has transformed the building into a green, transit-oriented, affordable and workforce condominium community.

Since its founding, Dantes Partners and its Managing Principal and Founder Buwa Binitie have closed more than $225 million of unconventional real estate transactions and created more than 700 workforce and affordable housing units.

Buwa Binitie (pictured above), Managing Principal and founder of Dantes Partners, noted “We have been successful in adding value beyond the numbers to these properties.”

The company has found that its HAND membership is invaluable, specifically the HAND-sponsored trainings and insights into market dynamics.

HAND is pleased to spotlight Dantes Partners, who certainly contribute to our organization’s COLLABORATION, INNOVATION, and TRANSFORMATION!