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Role

RPL provided due diligence and development oversight services on behalf of an institutional equity investor.

Unique Approach

• Management of considerable grade (soils) modifications and site logistics
• Installation of a series of lift stations for new sewer system
• Adjusting through multiple labor challenges

Outcomes

• Work completed to good quality
• Property leased up quickly with positive reviews

Scope of Work

Eighteen two- and three-story garden style apartment buildings with tuck under garages, one clubhouse with swimming pool, one maintenance building and one trash compactor enclosure.

Project Summary

• Client: One of the largest institutional private equity investment firms
• Location: Louisville, KY
• Size: 370 units, 2-3 floors, 274,000 RSF
• Timeline: 2018 to 2021
• Services: Due Diligence and Development Oversight
• Cost: $46 million
• Architect: SGN+A Architects
• Contractor: Cityscape Construction