Chason Affinity Companies - Kaleida Health

Kaleida Health/Millard Fillmore Gates Circle Hospital Reuse
Developer Experience
Recent Relevant Projects
See Development Team Experience, Section 1
Collegiate Village Kensington Village Apartments 928 Apartment Units
6 Affinity Lane 105 Affinity Lane
Buffalo, New York Buffalo, New York
Total Deal:
$100 million
Developer / Owner: Planning, Rehab Planning/Oversight, Financing, and Historic
Designation
Converted and renovated 628 market rate apartments to student housing together with the rehab
of 280 market rate apartments. Property was over 50 years old.
Financing:
Private financing through M&T Bank
General Contractor: Conversion Construction Rehab: $100,000,000
Construction Period: August 2008 to May 2012 (Continues to be phased in).
Orchard Place Apartments
550 Apartment Units
One Affinity Lane
Greece, New York
Total Deal:
$44 million
Developer / Owner: Planning, Acquisition, Rehab Planning/Oversight, Tax Credit, Bond
Financing, HUD Section 236 Decoupling
Renovated 35 year old DHCR/HUD subsidized apartment complex using Low Income Housing Tax
Credits. Underwritten by RBC Capital Markets with municipal bonds issued through the Monroe
County IDA. Tax credits purchased by M&T Bank.
Construction Manager: Construction Rehab $18 million
Construction Period: December 2004 to November 2006
Sutton Place Apartments
246 Apartment Units
113 Travers Blvd.
Amherst, New York
Total Deal:
$13 million
Developer / Owner: Planning, Acquisition, Rehab Planning/Oversight, FNMA Financing,
Tax Credit, HUD Section 236 Decoupling
Renovated 25 year old HUD subsidized apartment complex using Low Income Housing Tax Credits.
Underwritten by RBC Capital Markets with municipal bonds issued through the Erie County IDA.
Tax credits purchased by Paramount Financial.
General Contractor: Construction Rehab $2.5 million
Construction Period: May through September 2003
Veterinary School + Hospital
45