- Gut renovated 16 unoccupied units that were down because of water intrusion. Replaced outdated exteriors, installed new HVAC in 2/3 of the units. Rearranged functionally obsolete kitchens. Replaced countertops, cabinets, appliances, fixtures, and installed water and energy saving fixtures on.
- Renovated 75% of units and leased at new market rates
- Replaced management and dramatically reduced bad debt, increasing collections
- Partnered with nonprofits to have year around summer camps and after school programs
Year of Completion: 2016
Asset Type: Multifamily
Number of units: 152