Overview & History
Newport Partners is a full-service real estate firm providing equity financing, development, construction, and management of multi-family projects utilizing a variety of government financing sources, including Low Income Housing Tax Credits (“LIHTC”). Established in 1998 as a tax credit syndicator, Newport Partners has placed over $1.2 billion in LIHTC equity and closed over 200 projects with approximately 16,000 units.
Since 2003, Newport Partners has expanded to:
- Develop affordable housing through its development affiliates – Domus Development (California), Newport Midwest (Minnesota), and Newport SW (Arizona)
- Construct and rehabilitate affordable housing through its general contracting affiliate, NP Construction
- Manage affordable housing through its property management affiliate, Domus Management Company
Newport Partners is the majority and controlling shareholder in all affiliated companies.