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On May 25 the Oldham County Planning Commission approved a preliminary proposal by Canfield Development to build 94 homes on 217 acres of land in Prospect. The homes will be located on both sides of the intersection of Rose Island Road and Harmony Village Road and along Riverside Drive.
I do not support this residential development because of the proposed use of 94 septic systems in areas that experience periodic flooding, because of environmental concerns such as wellhead protection, and proposed use of retention ponds for subdivision storm water runoff management since these ponds will be subjected to seasonal flooding from Little Huckleberry Creek and the Ohio River.
Cazador Investments Acquires Three Properties Across California & Utah Totaling $18 Million
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DEL MAR, Calif., June 4, 2021 /PRNewswire/ Cazador Investments, LLC (Cazador), a California-based private equity real estate investor and operator, has closed on three multifamily acquisitions across the western states of California and Utah over the last six months.
Terrace Towers (41 units - Hayward, CA) was 48% occupied at time of acquisition in May 2021.
Hunter Beaumont, President of Cazador, stated that each of these deals was a situational opportunity where we took advantage of some Covid-related uncertainty and secured deals at attractive pricing. We continue to fly under the radar of the institutional buyers and are very happy owning and operating multifamily assets in the 20–100 unit range.
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