Banks - Townsend Mertz

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Banks

Property Description

- Two buildings: Current (2013 construction, 300 apartments, 78,000 SF retail), and Radius (2016 construction, 292 apartments, 20,000 SF retail)
- Part of the Banks Master Development

Financial Snapshot

- Status: operational
- Acquisition Cost: $181.1M
- Debt: $141.5M
- Equity: $39.6M

Developer

- Crawford Hoying

Category:

Fund II, Ohio, Value Add