This 112-unit deal had below market rents and efficiency opportunities – exactly what we look for in a value-add project! By rethinking every step of the renovation and leasing process we have turbo charged processes to maximize net operating income.
We foresee economic conditions to continue the upswing in Cleveland with businesses moving into the market and adding jobs. With all the major incentives for business expansion and relocations to the area, there are no signs of a slowdown. Cleveland’s economy continues to be resilient, attracting health-related companies and workers seeking an affordable middle-class life.