INDIANAPOLIS, IN - Gray Capital announced the acquisition of Regency Club Apartments, a 444-unit class B apartment community located in Evansville, IN. The property was built in two stages in the 1980s with additional townhomes built in 2006.
Gray Capital s strategy with the property involves an immediate rebrand as River Club Apartments, with over $3 Million in exterior improvements and interior renovations to enhance the property and create an exceptional, elevated living experience that.
Gray Capital Hires Joseph Powell as Director of Maintenance
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Gray Capital Hires Katrina Greene as Director of Property Management
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INDIANAPOLIS, IN - Real estate private equity firm Gray Capital has closed on their acquisition of Echo Park Apartments, a 154-unit luxury multifamily apartment community located in Bloomington, Indiana.
Gray Capital s business plan includes a core-plus strategy to improve onsite management and significantly reduce expenses through efficiencies with other Bloomington multifamily assets. Gray Capital s property management company, Gray Residential, is now managing Echo Park as well as nearby.