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Green at Northpark
December 17, 2021

  • Multifamily for rent
  • 218-unit market rate apartment complex.
  • Acquisition and re-positioning of a market rate apartment complex in Covington, LA.
  • Investment closed in December 2021. As this is relatively new construction, there is no planned renovation strategy for the project. The investment strategy is to raise the average in-place rental rates and burn off the loss to lease during its hold period, and then exit. The asset is currently 95%+ occupied.

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