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Gray Capital Completes First Acquisition for Multifamily Fund With 122-Unit Stonybrook Commons Apartments in Indianapolis

INDIANAPOLIS, IN - Multifamily investment firm Gray Capital has closed on Stonybrook Commons, a 122-unit apartment community located on Indianapoliss East side, built in 1991. Gray Capitals plans for the property include interior renovations with updated flooring and appliances as well as other modernizations and efficiency improvements. Additionally, $500k has been aimed at improving the exterior of Stonybrook and increasing curb appeal. Renovations include replacing several roofs,...
Stonybrook Commons Spencer Gray Cushman Wakefield Cameron Benz George Tikijian Hannah Ott Gray Fund

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