HIGH PROPERTY PERFORMANCE

APEX – Real Estate Update

Below is a great update for the APEX apartments in Fort Worth, Texas, which is part of the CalTier Fund 1 portfolio of participating assets. Occupancy has remained near 95% since late 2023, and the property management team is working diligently to improve collections. To date, renovations have been completed on 122 of the 152 units (more than 80%). The remaining 30 units are anticipated to be completed by the end of May. The new playground was completed and installed in March. The exterior renovations have also been completed. These included sealing and painting all wood trim to protect it from the elements, ...

April 8th, 2024|