Gray Capital Acquires Third Asset for $100 Million Multifamily Fund with 250-Unit Sycamore Terrace in Terre Haute, Indiana
INDIANAPOLIS, IN - Real estate private equity firm Gray Capital has closed on their acquisition of Sycamore Terrace Apartments, a 250-unit luxury multifamily apartment community located in Terre Haute, IN. Gray Capital's strategy for this project includes repainting exteriors to enhance curb appeal, installation of a controlled access and gate system at the property, cosmetic improvements for the club house, and improved on-site management of the property through Gray Capital's property...