Category: Blog

Cherry Tree Acquires Walnut Trails Apartments in Elkhart, Indiana for $23M

Newport Beach, CA (August 2022) – Revitate Cherry Tree (“RevCT”) has acquired Walnut Trails, a 210-unit garden-style multifamily property located in Elkhart, Indiana. RevCT continues to be an active acquirer of workforce housing in the Midwest, with approximately $95 million in transaction volume over the last ten months across Kansas, Missouri, and Indiana. “This asset […]

Cherry Tree Acquires Beech Grove Apartments in Indiana for $22M

Newport Beach, CA (June 2022) – Revitate Cherry Tree (“RevCT”) has acquired Beech Grove Apartments, a 182-unit multifamily community in Jeffersonville, Indiana for $22 million. RevCT continues to be an active acquirer in the Midwest, with approximately $73 million in transaction volume over the last six months across Kansas, Missouri, and Indiana. “Beech Grove presents […]

Cherry Tree Closes on $81M Portfolio in Omaha & Lincoln, Nebraska

Newport Beach, CA (March 23, 2022) — Berkadia announced today the combined financing secured for Lakeview Park Apartments and The Vue Apartments, two garden-style multifamily properties located in Nebraska. Managing Director Allan Freedman of Berkadia Los Angeles and Managing Director John J. Schorgl of Berkadia Kansas City secured the $59.079 million in combined permanent acquisition […]