Acquisition of two multifamily assets totaling 117 units, with a plan to cure deferred maintenance and complete a full renovation.

Strong Midtown location adjacent to Wayne State University, and proximate to the medical center, local restaurants and bars.

Demand supported by Wayne State University’s 20,000+ student population.

Assets were acquired via a receivership auction that required a reliable and expedited close.

Sponsorship group brings proven track record and operational experience in Midtown Detroit markets.