National Equity Fund

National Equity Fund Expands Midwest Footprint with Acquisition of St. Louis Equity Fund Portfolio, Stabilizing Critical Housing for Residents

SLEFI Acquisition (1)
July 22, 2026

On July 22, 2026, National Equity Fund announced the acquisition of the properties and fund management portfolio of the St. Louis Equity Fund, Inc. (SLEFI). Through this transaction, we now support the long-term stability of 32 properties across 13 funds, representing nearly 2,000 affordable housing units throughout the St. Louis metropolitan region.

“Expanding our geographic footprint helps strengthen partnerships and builds dynamic, new relationships that will ultimately allow us to evolve our investment platform. This acquisition is a testament to our integrity and stability as an organization, and we look forward to collaborating with our partners to unlock new opportunities for communities in need throughout this Midwest region,” said Matthew Reilein, President & CEO at National Equity Fund.

NEF continues to leverage scale, expertise and our diverse investment platform to bridge the capital gaps that have challenged our industry’s creation and preservation of affordable housing. Now, our organization has the opportunity to bring our full suite of capital solutions to investors and developers in the St. Louis metropolitan region, an area in which we have not traditionally had a large market share.

Read the full press release.

← Back