Articles from FTK Construction Services

FTK Construction Services (FTK), a full-service nationwide General Contractor specializing in Low-Income Housing Tax Credit (LIHTC) rehabilitation projects, is pleased to announce a contract award for the rehabilitation of Coolwood Oaks Apartments. The amount of the contract award is more than $14 million.

FTK Construction Services, a nationwide General Contractor specializing in Affordable Housing/LIHTC projects, has launched the rehabilitation project for Royal Crest Apartments in Dallas, Texas. The property was built in 1968, is two stories, and has 167 one-, two- and three-bedroom apartments. The value of the contract is $21,841,978. The lender for the project is Capital One, and the Architect is Hooker DeJong, Inc.

FTK Construction Services, a full-service General Contractor specializing in Affordable Housing/LIHTC projects nationwide, is pleased to announce the launch of the preservation project for Seville Apartments in Beaumont, Texas. Seville Apartments is a 90-unit affordable housing community built in 1980. The contract value for the rehabilitation of the property is $4,511,127. The property is owned by Steele Properties, with property management overseen by their sister company Monroe Group Ltd., and the project duration is 12 months. The architect for the project is Benton Design Group (BDG), and the lender is Ready Capital.

FTK Construction Services, a full-service nationwide General Contractor specializing in Low-Income Housing Tax Credit (LIHTC) and Affordable Housing projects, has been awarded the contract for a preservation project for a property in Fairbanks, Alaska. The contract value for the project is $2,987,798. With this award, Alaska will be the 35th state in which FTK has completed or has in-process projects.

FTK Construction Services, a nationwide General Contractor specializing in Affordable Housing/LIHTC projects, has commenced the rehabilitation project for Weatherstone Apartments. The property, located in Aurora, Colorado, was built in 1981 with a previous renovation in 2008. Weatherstone Apartments has 204 one, two and three bedroom apartments. The value of the contract is $13,759,700. The lender for the project is Colorado Housing and Finance Authority (CHFA).

FTK Construction Services, a nationwide General Contractor specializing in Affordable Housing/LIHTC projects, has launched the rehabilitation project for a 204 unit property located in Dallas, TX. The property was built in 2004 and has one, two and three bedroom apartments. The value of the contract is $13,687,175. The lender for the project is PNC Multifamily Capital.

FTK Construction Services, a nationwide General Contractor specializing in Multifamily renovation projects, is pleased to announce that Randy Rivers has joined FTK as National Account Executive, Conventional and Insurance Projects.

FTK Construction Services, a nationwide General Contractor specializing in Affordable Housing/LIHTC projects, is pleased to announce the recent promotion of Scott Simper to Vice President of Construction, Affordable Housing Division.

FTK Construction Services, a nationwide General Contractor with completed projects in 33 states, is pleased to announce that Drew Cowan has been promoted from Director of Construction to Vice President of Construction, Market Rate and Insurance Division, effective immediately.

FTK Construction Services, a nationwide General Contractor with completed projects in 33 states, is pleased to announce the promotion of Desiray Taylor to Vice President, Human Resources, effective immediately.

FTK Construction Services, a nationwide General Contractor with completed projects in 33 states, is pleased to announce that Tim Gibbs has been appointed Vice President of Business Development, effective 2/1/2024.

FTK Construction Services, a nationwide General Contractor specializing in Affordable Housing/LIHTC projects, is pleased to announce the promotion of Riley Goodman to Vice President of Finance and Information Technology. Mr. Goodman will oversee all financial operations for the company, along with all IT operations and systems for Preconstruction, Production and Administration. Goodman steps into his new role after previously holding the Director of Financial Operations position for FTK. In that role, Goodman led initiatives to enhance the accounts payable, expense processing and project close-out processes. He also redesigned the Power BI reporting procedures and oversaw IT equipment purchasing and issuance compliance, providing the administrative support systems for an average of 250 projects annually for FTK. Goodman began his career with FTK in 2020 as an Operations Analyst for FTK’s three divisions of expertise: LIHTC/Affordable Housing Projects, Market Rate Renovations, and Insurance Restoration Projects. Goodman received his Bachelor of Science in Finance with a focus on financial analysis and investment from the University of Arkansas.

FTK Construction Services, a nationwide General Contractor specializing in Affordable Housing/LIHTC projects, is pleased to announce the promotion of Paul Mefford to Vice President of Construction, effective 2/1/2024.

FTK Construction Services, a nationwide General Contractor specializing in Affordable Housing/LIHTC projects, is pleased to announce the promotion of Greg Buckley to President, effective 2/12/2024.

FTK Construction Services, a nationwide General Contractor specializing in Affordable Housing/LIHTC projects, has launched the rehabilitation project for Brookside Gardens Apartments. The property, located at 3525 Sam Houston Parkway East in Houston, TX, was built in 2006, is three stories and has 240 one-, two- and three-bedroom apartments. The value of the contract is $12,642,300. The lender for the project is KeyBank.

FTK Construction Services, a nationwide full-service General Contractor specializing in Affordable Housing/LIHTC projects, has completed their first project for Blue Ridge Atlantic. The Park at Kirkstall is a 240-unit affordable housing community built in 2003. The contract value was $12,433,004.34, with a project duration of 21 months to complete. The architect for the project was Benton Design Group (BDG), the lender was Lument (Orix Capital Real Estate), and the investor was Hudson Housing Capital.

FTK Construction Services, a full-service nationwide General Contractor specializing in Low-Income Housing Tax Credit (LIHTC) preservation projects, has completed the rehabilitation of Fairway Village Apartments, located at 513 Cold Town Lane in Dallas, Texas. The contracted amount of the project is $19,041,391.

FTK Construction Services, a nationwide General Contractor specializing in Affordable Housing/LIHTC projects, has been awarded the contract for the rehabilitation of The Park at Humble Apartments. The property, located at 9390 FM 1960, Humble, TX 77338, was built in 2005 and has 216 one, two and three bedroom townhome apartments. The value of the contract is $12,184,840. The lender for the project is Regions Bank.

FTK Construction Services, a nationwide full-service General Contractor specializing in Affordable Housing/LIHTC projects, is pleased to announce the launch of a new project and client relationship with Blue Ridge Atlantic. The Park at Kirkstall, the first project that Blue Ridge Atlantic has contracted with FTK, is a 240-unit affordable housing community built in 2003. The contract value is $12,433,004.34, with a project duration of approximately 21 months to complete. The architect for the project is Benton Design Group (BDG), the lender is Lument (Orix Capital Real Estate), and the investor is Hudson Housing Capital.

FTK Construction Services, a nationwide General Contractor specializing in Affordable Housing/LIHTC projects, is pleased to announce the launch of a recently awarded project, Waters at James Crossing. The property, located at 808 Greenfield Drive, Lynchburg, VA, 24501, was built in 1970 and has 288 one, two and three bedroom apartments.

FTK Construction Services is proud to celebrate 20 years of successful large-scale multifamily preservation projects across the country. 20 years ago, FTK was founded by Jim Goodman and Mark Frazier with a goal to create a construction company that provides a superior and consistent work product on a national level. 20 years later, they have surpassed all expectations, with a bonding capacity of $500,000,000 (half-billion dollars) and over 4,000 successful projects in 33 states. Along the way, FTK was recognized at #27 for the 2018 Dallas 100 Entrepreneur Awards, then again in 2019 at #8 for the Dallas 100 Entrepreneur Awards, compiled by The Caruth Institute for Entrepreneurship at the SMU Cox School of Business. Additionally, FTK was named #1771 of the Inc. 5000 2019 Fastest-Growing Privately Owned Companies in the U.S.

FTK Construction Services is pleased to announce the project award for Lennox House Apartments, located at 110 NW 2nd Street, Grand Prairie, Texas 75050. Lennox House is a 9% LIHTC, 40-unit affordable housing property for 62+ year old seniors, owned and operated by National Church Residences. The value of the contract is $3,387,288. Other project partners are KeyBank as the lender and Alliance Architecture of Indiana.

FTK Construction Services, LLC, (FTK) a full-service nationwide General Contractor specializing in Low-Income Housing Tax Credit (LIHTC) rehabilitation projects, is pleased to announce the contract award for Brandywine Apartments, located in Richardson, Texas. The contract for this LIHTC rehabilitation award is $4,267,543.