America first multifamily investors, l.p. announces sale of vantage at bulverde

Omaha, neb., aug. 31, 2021 (globe newswire) -- america first multifamily investors, l.p. (nasdaq: atax) (the “partnership”) announced today that on august 26, 2021, vantage at bulverde, a 288-unit market rate multifamily property located in bulverde, tx, was sold at the direction of the managing member of vantage at bulverde, llc (the “property owner”). the partnership's investment in the property was originated in march 2018 and the partnership previously contributed equity totaling approximately $8.6 million. as a result of the sale, the partnership's equity investment in the property owner was redeemed. at closing of the sale, the partnership received net cash of approximately $18.9 million and will:
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