CRG Residential Expands Midwest Portfolio with $167.5 Million Multifamily Investment
CRG Residential has announced the opening of three new multifamily developments across Indiana, Ohio, and Kentucky, representing a total investment of $167.5 million. The expansion adds 663 apartment units to the company's portfolio through projects named The Vault on Main in Evansville, The Slate in Cincinnati, and The Charles at Coventry in Lexington. The developments target high-growth areas with strong demographic fundamentals and proximity to major amenities. Notably, The Vault on Main project in downtown Evansville was completed via a public-private partnership involving state and local economic development agencies. All three communities are currently undergoing leasing processes.
Tickers: $ONB
Topics: investment multifamily housing real estate development urban development