Trending...
- The World's No.1 Superstar Is Celebrating His 21st Birthday for the 28th Time Today!
- Celebrating 13 Years of STEM For Kids: Honoring Educators with Free STEM Resources
- CDK On The Mic's Inaugural Bessemer Thanksgiving Dinner Brings Joy to Over 250 Families
PORTAGE, Ind. - ncarol.com -- Sheiner Group and Living Well Homes have successfully acquired Port Crossing Apartments in Portage, Indiana sold by Pedcor Living, the original owner and developer of the 432-unit property. Located at 3300 Port Crossing Court, Port Crossing offers its residents a well-maintained, low-density environment replete with acres of green space and thoughtful 1 to 3-bedroom floorplans surrounding a man-made lake.
This is the group's first acquisition in Indiana: on March 27, 2024, Port Crossing officially joins their portfolio of value-add multi-family assets across Arizona, North Carolina, Kansas, Missouri, and Albuquerque.
"We are very excited about everything going on in Portage and intend on bringing lifestyle-enhancing amenities and professional property management to our latest acquisition," says Lloyd Sheiner the group's Chairman.
Portage is a growing, business and family-friendly suburb of the Chicago MSA that benefits from the expedited South Shore commuter train line and thousands of jobs located along that corridor. The community is also near several picturesque beaches and national parks along Lake Michigan. The property fronts Portage High School with a student body of 2300 and is home to hundreds of major retailers including Walmart and Menards.
More on ncarol.com
"An important factor for us in considering the submarket is that there is currently no new multifamily construction planned for Portage and the current occupancy is 98%," says Germain Villeneuve, VP Acquisitions. Sheiner adds that Pedcor was a foundational player in building the multi-family landscape of Northern Indiana and the acquisition, completed on an all-cash basis and on an expedited timeline, was seamless.
"We look forward to continue acquiring well-built, value-add real estate in this excellent pocket of the country." Living Well Homes plans to renovate and rebrand the property, adding amenities such as dog parks, a poolside lounge, a fitness center, and more.
To learn more about Living Well Homes visit www.livingwellhomes.com.
For investor questions visit www.sheinergroup.com.
This is the group's first acquisition in Indiana: on March 27, 2024, Port Crossing officially joins their portfolio of value-add multi-family assets across Arizona, North Carolina, Kansas, Missouri, and Albuquerque.
"We are very excited about everything going on in Portage and intend on bringing lifestyle-enhancing amenities and professional property management to our latest acquisition," says Lloyd Sheiner the group's Chairman.
Portage is a growing, business and family-friendly suburb of the Chicago MSA that benefits from the expedited South Shore commuter train line and thousands of jobs located along that corridor. The community is also near several picturesque beaches and national parks along Lake Michigan. The property fronts Portage High School with a student body of 2300 and is home to hundreds of major retailers including Walmart and Menards.
More on ncarol.com
- The Score Album for "The Lost Weekend: A Love Story" Released Today
- Youth Group Makes History as First Visitors to National Electronics Museum
- Pololikashvili runs for re-election as UN Tourism Secretary General for 2026-2029 term
- Shape the Future of OpenSSL: Election Period Open Now!
- The Perfect Gift for Everyone on Your List: Carbon Fiber Belts
"An important factor for us in considering the submarket is that there is currently no new multifamily construction planned for Portage and the current occupancy is 98%," says Germain Villeneuve, VP Acquisitions. Sheiner adds that Pedcor was a foundational player in building the multi-family landscape of Northern Indiana and the acquisition, completed on an all-cash basis and on an expedited timeline, was seamless.
"We look forward to continue acquiring well-built, value-add real estate in this excellent pocket of the country." Living Well Homes plans to renovate and rebrand the property, adding amenities such as dog parks, a poolside lounge, a fitness center, and more.
To learn more about Living Well Homes visit www.livingwellhomes.com.
For investor questions visit www.sheinergroup.com.
Source: Living Well Homes
0 Comments
Latest on ncarol.com
- Center for Common Ground Launches Democracy Center in Charlotte, NC
- Dale Sorensen Real Estate Names Donna Browning Vice President of Sales, Announcing Her Return to the Company
- Dr. Barrie Matthews of Big Sky Smile Center Speaks at the Full Arch Growth Conference, Inspiring Dentists Nationwide
- New, Inclusive Children's Book "Love Sounds Like" Receives Five-Star Rating from Readers' Favorite
- Dr. Sathish Palayam Speaks at the Full Arch Growth Conference, Sharing Insights to Revolutionize Patient Care!
- Donors and Recipients of Nashville Chopin's Metro School Piano Donation Program Announced
- Loyal American Airlines Passenger and Son of 33-Year Employee Files Legal Action Against Airline for Racial Bias, Unlawful Ban, and Injustice
- Episode 11 Productions Expands Services to Greensboro's Manufacturing and Industrial Sector
- OneSolution® Dental Implant Centers Offers Advanced Zygomatic Dental Implant Solutions
- Pittsburgh Professional Women invites all Women and Allies to MONEY CLUB
- Speranza Dental Implant Center's New Website Launch!
- Education Through Music-Los Angeles to Host 19th Year Benefit Gala on Friday December 6th at Skirball Cultural Center
- Celebrating A Decade Of Young Storytellers: The 10th Annual Flint Youth Film Festival Opens For Entries
- SPX FLOW's 2024 Impact Report Highlights Innovation, Sustainability and Cultural Growth
- Tween Magazine Launches to Empower and Inspire Preteen Girls
- IOTAP (Work 365) Earns SOC 2 Type II Compliance, Reinforcing Data Security Leadership
- Celebrating 13 Years of STEM For Kids: Honoring Educators with Free STEM Resources
- Lake Norman Philharmonic - Annual Holiday Concert
- "Federal Complaint Filed: David Medeiros Uncovers Medicaid Mismanagement, ADA Violations, and Systemic Failures in Connecticut"
- Introducing Feelness: A Revolutionary Solution for Physical Self-Care Without the Fitness Lifestyle