The V Apartments Change Ownership
The V Apartments at City Vista have recently been sold by Lowe Enterprises to Gables Residential. Gables Residential is a privately held REIT owned by a closed-end fund managed by a joint venture between ING Clarion and Lehman Brothers. Gables Residential owns, develops and manages multi-family communities and mixed-use developments in Atlanta, Austin, Dallas, Houston, South Florida, Southern California, and metropolitan Washington, D.C. Additionally, it has third-party management operations in the Chicago, New York, Boston, Phoenix, Seattle and Central and North Florida markets.
The property page on the Gables website uses the brand Gables City Vista rather than putting “The V” out the at the forefront of the marketing.
Kettler had been providing property managing services for Lowe and it’s unlikely that will continue much longer. For now the website created by Kettler for the property (www.thevatcityvista.com) is still alive and well.
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