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Gray Capital Completes Indiana Acquisition of 444-Unit Regency Club Apartment Community in

INDIANAPOLIS, IN - Gray Capital announced the acquisition of Regency Club Apartments, a 444-unit class B apartment community located in Evansville, IN. The property was built in two stages in the 1980s with additional townhomes built in 2006. Gray Capitals strategy with the property involves an immediate rebrand as River Club Apartments, with over $3 Million in exterior improvements and interior renovations to enhance the property and create an exceptional, elevated living experience that...
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Gray Capital Acquires Fourth Asset for Its $100 Million Multifamily Fund with 154-Unit Echo Park Apartment Community in Bloomington

INDIANAPOLIS, IN - Real estate private equity firm Gray Capital has closed on their acquisition of Echo Park Apartments, a 154-unit luxury multifamily apartment community located in Bloomington, Indiana. Gray Capitals business plan includes a core-plus strategy to improve onsite management and significantly reduce expenses through efficiencies with other Bloomington multifamily assets. Gray Capitals property management company, Gray Residential, is now managing Echo Park as well as nearby...
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