Company Profile
CityScape Capital Group is a boutique investment banking firm specializing in providing direct equity investment for historic rehabilitation, new markets, and solar energy tax credit transactions across the United States. The firm operates through its CCG Historic & Energy Partners Funds, acquiring various tax credits on behalf of its institutional clients. Their primary objective is to structure efficient and mutually beneficial investment transactions, fostering long-term business relationships.
Since its inception in 1992, CityScape Capital Group and its principals have played a pivotal role in facilitating over $1.5 billion in tax credit equity financing. These transactions encompass a wide range of project uses, with individual tax credit amounts varying from $400,000 to more than $25 million. The firm's expertise extends to diverse developments, including market-rate apartment complexes, boutique hotels, commercial office/retail buildings, and charter schools, with each deal evaluated on its unique merits.
The firm's investment strategies include the CCG Historic Partners Funds, established in 2002 to invest in historic rehabilitation tax credit projects, and the CCG Energy Partners Funds, created in 2008 for solar energy tax credit projects. Additionally, through its affiliate CCG Community Partners, LLC, a designated Community Development Entity, CityScape offers investment capital in the form of primary mortgages, mezzanine financing, and traditional equity investments to businesses and commercial properties in qualified low-income communities. Since 2005, CCG Community Partners, LLC has been awarded twelve New Markets Tax Credit Allocations totaling $515 million.
The team at CityScape Capital Group brings extensive experience in real estate development, finance, and acquisition. Key personnel, such as Managing Director Paul M. Hoffman, have a strong background in structuring complex transactions and navigating technical tax issues. The firm's professionals possess specialized knowledge in all facets of tax credit deal origination, structuring, negotiation, and closing, ensuring value-added solutions for their clients.
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