TISHCO Development Inc strives to build all projects to maximize the benefits to all stakeholders and deliver its projects on time and within budget. TISHCO Development was formed in 2014 to carry on the responsibilities of its predecessors, in operation since 1975 and specifically focuses on development of new property and renovation of existing properties. This team has been responsible for fully developing over $250 million in rural economic and community development properties, including conventional multifamily, subsidized housing, elderly housing and congregate care facilities, through its affiliates JT Development, Lowndes Supply Co. and Mortgage Group South Corporation.
Financing Capability and Experience
Dewar Properties and TISHCO Development are well-versed and experienced in many different types of project financing and housing programs. Nearly all of the 50+ projects developed by this firm have involved construction financing which converted to or was replaced by permanent project financing upon completion of the project. Our extensive experience with a wide array of permanent financing arrangements and programs includes traditional debt/equity, 221(d)4 loans, tax-exempt bond financing, tax credit financing, Rural Development affordable housing programs, various HUD affordable housing programs, and others.
TISHCO Development and its staff have an extensive track record of multifamily housing projects. TISHCO Development and its affiliates have developed more than 50 multifamily projects in several states, for a total development value of over $250 million. A sampling of our most recent developments is shown below.