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Connect Midwest: Multifamily Adaptive & Reuse Trends – Chicago June 13


Connect Midwest: Multifamily Adaptive & Reuse Trends – Chicago June 13

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Real estate investment platform Revitate Cherry Tree has acquired Tuscany Bay, its third multifamily acquisition in Indiana

Revitate Cherry Tree Acquires Third Indiana Multifamily

Revitate Cherry Tree, a private real estate investment platform specializing in acquiring and operating multifamily assets, has acquired Tuscany Bay, a 96-unit multifamily property in Lawrenceburg, IN, approximately 26 miles from Cincinnati. The acquisition was the last for Revitate Cherry Tree Multifamily Fund. 

Revitate Cherry Tree’s Tuscany Bay acquisition comes on the heels of its 182-unit acquisition in Jeffersonville, IN and a 210-unit acquisition in Elkhart, IN, giving the firm economies of scale across the state.  

“Migration patterns to the Sunbelt are well-known and well-documented across general and financial media,” said Alex Bhathal, Revitate executive chairman and Revitate Cherry Tree general partner. “But another set of American cities is often overlooked – one that is attracting a growing population of residents drawn by good job prospects, attainable cost of living, and a diverse array of living amenities. These Midwest growth markets include Kansas City, Louisville, Indianapolis, Cincinnati and Columbus.” 

Meet industry experts at the upcoming Connect Midwest: Multifamily and Adaptive Reuse Trends, which takes place June 13, 2023 at the W Chicago City Center Hotel. Click here for more information and to register. 


Inside The Story

Revitate Cherry Tree's Bhathal

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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