Catalina Vista Performance & Sale

(April 15, 2019) —

Greenlite Holdings, LLC (“Greenlite”) announced today the successful performance and sale of Catalina Vista, a multifamily property that represented an important milestone in the company’s investment history.

Through a combination of capital improvements, operational execution, and active asset management, Greenlite worked to reposition the property and improve its performance prior to disposition. The project contributed to the continued refinement of the company’s value-add investment strategy and execution model.

“Catalina Vista was an important project for Greenlite and a meaningful part of our development as an operator,” said Jonathan Lewis, founder and CEO. “We believe the outcome reflected the value of disciplined execution, thoughtful repositioning, and a hands-on approach to asset management.”

Greenlite viewed the Catalina Vista project as an important step in building the experience and operational framework that would inform future multifamily acquisitions and repositioning efforts.

About Greenlite Holdings

Greenlite Holdings is a multifamily real estate investment firm founded in 2013, with roots in earlier operating experience dating back to 2009. The company focuses on identifying, acquiring, and repositioning underperforming multifamily assets through disciplined underwriting, hands-on asset management, and strategic capital improvements.

This communication is for informational purposes only. Past performance is not necessarily indicative of future results.