Development Location

Greenwood, IN

Property Type

Suburban Garden Apartments

Number of Units

438 Units

Property Highlights

  • Successfully completed acquisition through receivership process. 
  • Strategically vacated the 90% occupied property to allow for each unit to be renovated.
  • Project approved by HUD’s National Loan Committee due its size and complexity.
  • Completed in a 24 month, $14 million renovation.

Involvement

  • Developer/Owner
  • Property Manager
  • General Contractor