Month: February 2022

New Case Study | Cortez Plaza | 128% ROI

Creative Realty Partners acquired Cortez Plaza, an 84 unit apartment complex in Bradenton, FL, in June of 2017. A $300,000 rehab budget (included in the initial acquisition financing) was allocated for interior, exterior, and amenity improvements. The capital improvements were completed within the first 24 months of ownership and facilitated raising rents to market, tapering expenses, and increasing the… Read more »