Trending...
- Kellar Equipment Broadens Geographic Reach as Dealer Representative for Aries Industries
- Josette Boutique Celebrates First Anniversary with Style
- Fairfield Inn by Marriott Scottsdale Old Town Opens
PORTAGE, Ind. - WisconsinEagle -- 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 Wisconsin Eagle
"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 Wisconsin Eagle
- Pregis Expands Multi-Layer Technology for High-Performance Barrier Films at Anderson Facility
- Insuraviews Secures Funding to Revolutionize Insurance Filings and Appoints Nick Amundsen as CEO
- New Professional Association to Study Principles of Hospitality Applied to the Delivery of Healthcare
- Clinical Endpoints Successfully Met in Study for Groundbreaking 12-Lead ECG Synthesis Technology Allowing Software Application to FDA: HeartBeam, Inc
- Boston Industrial Solutions, Inc. Unveils Natron® 504N UV LED Inks Designed for EPSON Printheads
"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 Wisconsin Eagle
- Keenan's Caring Konnections, LLC
- Celebrate Children's Day in Tochigi City!
- Mensa identifies best board games of 2025
- Costa Rica's Rainy Season Brings a Surge in Sportfishing Action and Travel Deals
- People & Stories/Gente y Cuentos Announces New Board Leadership & Corporate Partnership Initiative
- Garage Builders Waukesha | Wauwatosa | Sussex | Delafield | West Milwaukee | New Berlin | Elm Grove
- How to Fast-Track Your Way to the Top with The Code
- Garage Builders Milwaukee, WI – Custom Garage Solutions by Skirrow Design Build
- Lyricalmar Set To Release Powerful New Ep "MARCHIVES" May 16
- Charleston, SC - ACSEC offers Rain Barrels Through Annual Program
- Greek Government Issues Landmark Ministerial Order Addressing Citizenship of Greek-born adoptees
- Baltimore Author Crafts Space Opera Where Human Questions Outshine Galactic Scale
- Stout Surpasses 60,000 Acres and 3 Billion Plants Scanned
- OpsVeda Announces Launch of TariffSight, the World's First Comprehensive Platform to Address Tariff-Driven Challenges
- MAJOR New release of Krypto500 (ELF-HF) Sigint - COMINT software
- New Build-to-Suit VA Medical Office Facility Coming to Highland Heights, KY
- Josette Boutique Celebrates First Anniversary with Style
- Fairfield Inn by Marriott Scottsdale Old Town Opens
- Kellar Equipment Broadens Geographic Reach as Dealer Representative for Aries Industries
- Custom Garage Construction Services in Milwaukee & Southeast Wisconsin