(August 28, 2019) – Greenlite Holdings, LLC (“Greenlite”) announced today the sale of Latitude 32, a 76-unit multifamily community located at 3202 North Country Club Road, Tucson, Arizona.
The disposition marked another important milestone in Greenlite’s continued development as a multifamily operator and investor. During its ownership, Greenlite applied its hands-on approach to asset management and property operations in support of the asset’s overall performance and positioning.
“We viewed Latitude 32 as an important part of Greenlite’s continued growth and development,” said Jonathan Lewis, founder and CEO. “The sale reflects the type of disciplined execution and active ownership approach that has helped shape our platform over time.”
Greenlite believes the Latitude 32 investment contributed to the continued refinement of the company’s multifamily investment strategy and operational framework. The experience further informed Greenlite’s approach to identifying, operating, and repositioning multifamily assets in select target markets.
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.
More About Greenlite
Learn more about our approach, our experience and the outcomes of our strategy.