Skip to content
MCC-property

MCC-property

Epicurean real estate

Primary Menu MCC-property

MCC-property

  • Real Estate News
  • House for Rent
  • Construction
  • Furniture
  • Apartment
  • Building
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap
  • Home
  • Real estate fund to invest over $180 million to acquire, renovate St. Louis, Midwest apartment complexes | Local Business
  • Real Estate News

Real estate fund to invest over $180 million to acquire, renovate St. Louis, Midwest apartment complexes | Local Business

Rickey Andreu March 16, 2022

[ad_1]

ST. LOUIS COUNTY — A local real estate company said it has plans to spend more than $180 million over three years to buy and renovate apartment developments across the Midwest.

Ladue-based fund manager Strategic Advisors will invest in apartment developments with over 100 apartments located just outside major metro areas in the Midwest, including the St. Louis area. It has also previously acquired developments in Cincinnati; Louisville, Kentucky; and Topeka, Kansas, said operating member Kurt Hunter.

The firm typically buys “value-add” apartment complexes, or apartments that have deferred maintenance and other issues. The firm then invests money to improve the property in order to draw in more residents.

Strategic Advisors will target developments that are more stable and hold on to those properties for six to 12 years. It previously held on to properties for about three years, Hunter said.

The fund manager is facing competition from more investors, who are attracted to the multifamily market because of rising rents.

People are also reading…

  • Cora Faith Walker, a top St. Louis County official and former state lawmaker, dies at 37
  • Cuonzo Martin out as Missouri basketball coach
  • Play ball! MLB forges game-changing agreement with players for full 2022 season, ends lockout immediately
  • Joe Buck reportedly leaving Fox, after nearly three decades, for ‘Monday Night Football’
  • As major leaguers arrive in camp, Cardinals make first move, sign pitcher returning from Japan
  • Who’s Mizzou’s next basketball coach? Reed-Francois could start with this list
  • Feds charge former principal, friend in 2016 murder of St. Louis teacher
  • Hochman: Cardinals should sign Schwarber and put down 25-30 DH homers in pen, not pencil
  • Germany to buy F-35s, upgrade Eurofighters in blow to Boeing
  • BenFred: Would Mizzou give scandal-plagued basketball coach a shot? An important question is going unanswered
  • Editorial: Missouri bill to outlaw abortion in ectopic pregnancies is effectively a death sentence
  • Company kills Maryland Heights rail project that riled Chesterfield neighbors
  • German reaction to Ukraine war could sting Super Hornet
  • KMOV plans to leave downtown St. Louis, eyeing Maryland Heights area
  • MLB postpones pageantry of Cardinals’ home opener, stalls labor spat after ‘last-ditch effort’

“The market today is very challenging in terms of trying to find properties that continue to have value and make good economic sense,” he said.

The company launched in 2009 and has invested in thousands of apartments in six states in the Midwest.

Get the latest local business news delivered FREE to your inbox weekly.

[ad_2]

Source link

Post Navigation

Previous Elon Musk Has Sold Seven Homes for Nearly $130 Million After Vowing To ‘Own No House’
Next Pritzker Prize goes to architect from West Africa

More Stories

Transform Your Living Room with These Design Ideas
  • Real Estate News

Transform Your Living Room with These Design Ideas

Rickey Andreu May 10, 2025 0
Modern Interior Design Ideas to Transform Your Home
  • Real Estate News

Modern Interior Design Ideas to Transform Your Home

Rickey Andreu May 8, 2025 0
Foreclosure Auctions Explained: Hidden Deals or Risky Buys?
  • Real Estate News

Foreclosure Auctions Explained: Hidden Deals or Risky Buys?

Rickey Andreu April 25, 2025 0
June 2025
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« May    

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016

Categories

  • Apartment
  • Building
  • Construction
  • Furniture
  • House for Rent
  • Real Estate News

Recent Posts

  • Inside Trump’s Private Jet: The Features That Make It Luxurious
  • Trump’s Luxury Jet vs. Air Force One: A Bold Comparison
  • Transform Your Living Room with These Design Ideas
  • Modern Interior Design Ideas to Transform Your Home
  • Why Buying a House at Auction Could Be Your Best

Fiverr

Fiverr Logo

Tags

C&M Real Estate C&R Real Estate Services C.F. Real Estate C J Real Estate D&B Real Estate D'Arcy Real Estate D'Ettorre Real Estate D Real Estate Appraiser D Real Estate Daily D Real Estate Logo E Real Estate Agency E Real Estate Agents Act 2008 E Real Estate Corp E Real Estate Depot E Real Estate Depot Mission Tx E Real Estate Llc E Real Estate Logo E Real Estate Meaning F&C Real Estate Investments F&G Real Estate F Real Estate Developer F Real Estate Logo F Real Estate Management F Real Estate Words H&F Real Estate M&D Real Estate Real Estate Data Real Estate Definition Real Estate Degree Real Estate Desoto County Ms Real Estate Developer Real Estate Development Consultant Real Estate Dyer County Tn Real Estate Dyersburg Tn Real Estate Etf Real Estate Exam Prep Real Estate Exam Questions Real Estate Express Login Real Estate Express Reviews Real Estate Fayette County Tn Real Estate Florida Real Estate For Dummies Real Estate For Sale Real Estate For Sale Memphis Tn Real Estate For Sale Near Me
berryto
deencast

You may have missed

Inside Trump’s Private Jet: The Features That Make It Luxurious
  • Building

Inside Trump’s Private Jet: The Features That Make It Luxurious

Rickey Andreu May 20, 2025 0
Trump’s Luxury Jet vs. Air Force One: A Bold Comparison
  • Building

Trump’s Luxury Jet vs. Air Force One: A Bold Comparison

Rickey Andreu May 14, 2025 0
Transform Your Living Room with These Design Ideas
  • Real Estate News

Transform Your Living Room with These Design Ideas

Rickey Andreu May 10, 2025 0
Modern Interior Design Ideas to Transform Your Home
  • Real Estate News

Modern Interior Design Ideas to Transform Your Home

Rickey Andreu May 8, 2025 0
Why Buying a House at Auction Could Be Your Best
  • Building

Why Buying a House at Auction Could Be Your Best

Rickey Andreu May 1, 2025 0
mendocinocoastproperty.com | CoverNews by AF themes.

WhatsApp us