• 02 Jul, 2026

National Equity Fund (NEF) Closes on Groundbreaking $444 Million Transaction to Preserve More Than 2,700 Units of Affordable Housing

National Equity Fund (NEF) Closes on Groundbreaking $444 Million Transaction to Preserve More Than 2,700 Units of Affordable Housing

The game-changing investment, and largest in NEF's history, supports the owner Guardian Real Estate Services and underscores an innovative, collaborative partnership between two leaders in affordable housing.

CHICAGO, Sept. 2, 2025 -- National Equity Fund (NEF), a leading non-profit multi-family, affordable, real estate investment manager, announced the closing of one of the largest single preservation transactions in the history of the affordable housing industry. The $444 million Albuquerque and Portland Portfolio preservation deal is a direct result of two leaders in affordable housing investment continuing to make an impact through strategic, thoughtful collaboration.

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