The Carding Group

About The Carding Group

The Carding Group is a real estate operator. The Carding Group operates in Atlanta, Georgia, Bloomington, Indiana and Chicago, Illinois. Its investment focus is on Affordable Housing and Senior Housing.

The Carding Group, LLC was founded in 2012 by Michael J. Best, Kevin Fiore, Bob Downing, and Rob Downing. It specializes in the development, financing, and ownership of Affordable Assisted Living Communities (AALC) across the United States. The company has played a pivotal role in creating over 27 affordable assisted living communities, focusing on states like Arizona, Indiana, New Jersey, and Washington, D.C. The Carding Group has successfully completed financing for over 3,500 units, with more than $247 million in tax credit equity and $606 million in tax-exempt bond financing. Their projects cater primarily to low-income seniors, offering affordable housing and assisted living services. The company collaborates with local developers and agencies to ensure these communities thrive, expanding into new regions such as Massachusetts and Pennsylvania​

Principals at The Carding Group

Recent activity at The Carding Group

No recent signals captured for The Carding Group yet. Set up a Signals alert to be notified when fund closes, leadership changes, or new developments surface in the trade press.

The Carding Group's project portfolio

No projects on file for The Carding Group yet.

Markets and themes

Markets The Carding Group operates in

• Atlanta, Georgia
• Bloomington, Indiana
• Chicago, Illinois
• Dayton, Ohio
• Denver, Colorado
• Fort Wayne, Indiana
• Indianapolis, Indiana
• Louisville, Kentucky
• Minneapolis-St.Paul, Minnesota
• Philadelphia-Camden-Wilmington, Pennsylvania-Delaware
• Phoenix, Arizona
• South Bend-Mishawaka, Indiana - Michigan
• Washington DC

Investment themes at The Carding Group

• Affordable Housing
• Senior Housing

Capabilities

• Construction Management
• Custom Homes
• Economic Development
• Environmental Remediation
• Site Development

Operators similar to The Carding Group

• Elcan and Associates
  Mid-market tierAtlanta, GeorgiaChicago, Illinois+7 more marketsSenior HousingAffordable Housing
• Diversified Healthcare Trust
  Mid-market tierAtlanta, GeorgiaPhoenix, Arizona+4 more marketsSenior HousingAffordable Housing
• Essential Growth Properties
  Mid-market tierAtlanta, GeorgiaChicago, Illinois+5 more markets
• Leo Brown Group LLC
  Mid-market tierChicago, IllinoisFort Wayne, Indiana+3 more marketsSenior HousingAffordable Housing
• WareSpace
  Mid-market tierAtlanta, GeorgiaDenver, Colorado+5 more markets
• Ocean Block Capital
  Mid-market tierAtlanta, GeorgiaDenver, Colorado+4 more markets
• Poverni Sheikh Group
  Mid-market tierAtlanta, GeorgiaDayton, Ohio+3 more marketsAffordable Housing
• DLC Management Corp.
  Mid-market tierAtlanta, GeorgiaDenver, Colorado+4 more markets
• Cypress Equity Investments
  Mid-market tierDenver, ColoradoChicago, Illinois+1 more marketSenior HousingAffordable Housing
• Kensington Development Group, Inc.
  Mid-market tierDenver, ColoradoChicago, Illinois+3 more markets

Frequently asked questions about The Carding Group

What does The Carding Group do?

The Carding Group, LLC was founded in 2012 by Michael J.

What markets does The Carding Group operate in?

The Carding Group is active in Atlanta, Georgia, Bloomington, Indiana, Chicago, Illinois, Dayton, Ohio, Denver, Colorado, and Fort Wayne, Indiana.

How many employees does The Carding Group have?

The Carding Group has 2–10 employees.