CT REALTY ANNOUNCES CT/KDF COMMUNITY DEVELOPMENT “LIVING FIT” PROJECT IN TENNESSEE

CT REALTY ANNOUNCES CT/KDF COMMUNITY DEVELOPMENT “LIVING FIT” PROJECT IN TENNESSEE

ALISO VIEJO, CA – October 25, 2011 – (RealEstateRama) — Aliso Viejo, Calif.-based CT/KDF Community Development Partners, a joint venture between CT Realty Investors and KDF Communities, has provided $9.4 million in New Markets Tax Credit (NMTC) financing to develop a new $28.35 million wellness center in Jackson, Tenn. The financing was provided in concert with Wells Fargo Bank, which led a consortium of community development entities including CT/KDF in financing the project.

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