Highmark Holdings, LLC is a Nashville, Tennessee based developer and sponsor of multifamily affordable housing, specializing in developments which qualify for Low Income Housing Tax Credits and tax-exempt bond financing. Highmark Holdings, LLC was co-founded in 2006 by Joseph H. Torrence and Robert S. King. Since 2007, Highmark Holdings, LLC sponsored entities have purchased 12 apartment communities and 1,936 units. Ten acquisitions were financed with tax-exempt bonds and 4% Low Income Housing Tax Credits. As sponsor of the Developer entities, Highmark Holdings, LLC has overseen or is currently overseeing renovations to these communities in excess of $30 million. The most recent project for Highmark Holdings, completed in 2019, was our first new construction deal financed with 9% Low Income Housing Tax Credits. In 2013 Mr. King partnered with Glynda Shamwell to form Enfield Management Company, LLC to manage the multifamily assets developed by Highmark Holdings, LLC, in addition to pursuing other multifamily management opportunities.