Our vertically integrated team of in-house professionals internally manage our own portfolio of properties, investments, loans and development projects.  This platform has successfully completed over $1.5 billion of tax credit transactions, $3 billion in real property transactions and today runs the company's robust and diverse privately held portfolio of more than 2.5 million square feet.

Federal Historic Tax Credits


Since 1976, the Federal Historic Tax Credit (HTC) program has offered developers a highly beneficial subsidy (a dollar for dollar reduction of federal income tax liability) in order to encourage the preservation of historic buildings. The National Park Service, in conjunction with the IRS and State Historic Preservation Offices, administers the Federal HTC program. The 2017 Tax Cut and Jobs Act made some significant changes to this longstanding incentive, but a Federal HTC equal to 20% of Qualified Rehabilitation Expenditures (QREs) remains available for the substantial rehabilitation of an income-producing historic properties.

Due to the limitation of their own tax liability as well as more technical restrictions such as the passive-activity rules and Alternative Minimum Tax, most all developers syndicate Federal HTCs to corporate investors. To date, Consortium Capital has placed more than $300 million in Federal HTC investment in over $1 billion of historic rehabilitation projects nationwide.

For inquiries on Federal HTCs, please contact Stefan Kershow.