Parse Capital makes $15.4 million preferred equity investment in Columbia, SC multifamily development

April 2024 – Parse Capital (“Parse”) makes a $15.4 million preferred equity investment in the development of a multifamily asset within the Hopkins Suburban submarket of Columbia, SC. Once complete, the project will include fifteen, three-story garden, and five, two-story townhome residential buildings with 25% market rate units. By incorporating affordable units, the project is set to qualify for South Carolina’s voluntary workforce housing program.