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CREC Acquires Cincy-Area Apartments
Columbus, OH-based CREC Real Estate, LLC has acquired The Vue 180, a 93-unit, Class A multifamily community located near downtown Cincinnati. All of the equity capital was drawn from CREC Real Estate Fund II LP. CREC was not represented by a brokerage. Other terms of the transaction weren’t disclosed.
Located on the riverfront in Newport, KY, The Vue 180 sits directly across the Ohio River from downtown Cincinnati, providing its residents with convenient access to downtown Cincinnati’s most popular sports and entertainment attractions.
“The Vue 180 is a great property in an area we already know well and believe has a bright future,” said CREC chairman Jeff Coopersmith. “The Kentucky side of the Ohio river has been thriving as strong job prospects—driven by the presence of a variety of Fortune 500 companies—have attracted tenants who value proximity to offices, entertainment areas, and outdoor activities.”
- ◦Sale/Acquisition


