Investments

Along with our partners, the Income Fund acquired Sundance Apartments in Wichita, KS, a 496-unit rental development in the affluent Northeast submarket of Wichita. The location offers easy access to schools, restaurants, shops, the Renovo Medical Center and more. 

Along with our partners, the Income Fund acquired The Reserve at Barry, a 690-unit apartment community located inNorthland, one of the metro’s top investment-grade subdivisions.  Kansas City’s economy is recognized as one of the most diverse among the Nation’s mid-sized cities with no one sector accounting for >15% of the overall economy. 

Along with our partners, the Income Fund acquired Village Green, a 172-unit multi-family garden property located within proximity of the Little Rock, AR CBD and the major regional employers.  The asset was completely renovated in 2012/13 — including the replacement of all roofs, new vinyl siding, and asphalt overlay of the entire parking lot.

320-unit Class B asset, located near the entrance to the Research Triangle Park, a major research center employing over 42,000 people (and planned to expand to employ >100,000 people). The area is also home to three very large, excellent academic universities (Duke University, UNC, and NC State). There continues to be a tremendous amount of projected economic growth in this area.

Along with our partners, the Income Fund acquired the Westchase apartment community, a 160 unit community located in Creve Coeur, a class A suburb of St. Louis Missouri. This community is within one of the top-ranked school districts in Missouri and is ~12 miles west of St. Louis and is easily accessible to Interstates 270, 40/64, and 70.

Along with our partners, the Income Fund acquired the Waterfront Crossing apartment community, a 591 unit garden-style community located in Creve Coeur, a class A suburb of St. Louis Missouri. This community is within one of the top-ranked school districts in Missouri and is ~12 miles west of St. Louis and is easily accessible to Interstates 270, 40/64, and 70.

Along with our partners, the Income Fund acquired the Cove West apartment community, a 276 unit garden-style community located in Creve Coeur, a class A suburb of St. Louis Missouri. This community is within one of the top-ranked school districts in Missouri and is ~12 miles west of St. Louis and is easily accessible to Interstates 270, 40/64, and 70.

Along with our partners, the Income Fund acquired the Civic Center West apartment community, a 394 unit complex located in Southaven Mississippi, a class A suburb of Memphis Tennessee. This community is within the highly desireable DeSoto Central School District and has been voted "Best Apartment Complex in DeSoto County" for 5 straight years.

Along with our partners, the Income Fund acquired the Civic Center East apartment community, a 392 unit complex located in Southaven Mississippi, a class A suburb of Memphis Tennessee. This community is within the highly desireable DeSoto Central School District and has been voted "Best Apartment Complex in DeSoto County" for 5 straight years.

Along with our partners, the Income Fund acquired Somerset at Lakeland in one of Memphis, TN’s top suburban locations. This 432-unit rental apartment complex is situated adjacent to (and offering scenic views on) the Stonebridge Golf Course. Three stocked ponds are located on site, as well as two swimming pools and a sand volleyball court.  

Along with our partners, the Income Fund acquired the Class A asset, Marble Cliff Commons in Columbus, OH. This 276-unit apartment complex was built in 2003, to a very high quality and is in excellent physical condition.  Marble Cliff has an in-fill location amongst the area’s highest-income neighborhoods including Upper Arlington, Hilliard, and Dublin, yet is only minutes from the downtown Columbus Central Business District (CBD) and The University District.

Along with our partners, the Income Fund acquired the Crossings of Bellevue, a 300-unit garden-style apartment property located in a park-like setting in the heart of Bellevue, TN just minutes from shopping, entertainment, interstates and downtown Nashville.   

Along with our partners, the Income Fund acquired the Vinings at Spanish Fort, a Class A asset located just outside Mobile, AL in one of the top suburbs of Baldwin County. The Mobile, AL area has strong demographic and economic fundamentals, due to employment drivers such as Airbus’s new North American headquarters. The property was built adjacent to the best elementary school in the county (Rockwell).