City Club Apartments Sells 401-Unit Asset in St. Louis, Plans Development in Cleveland

ST. LOUIS — City Club Apartments has sold the 401-unit Central West End City Club Apartments in St. Louis, marking the company’s exit from the market. The sales price was not disclosed. City Club Apartments says that it has sold the community to focus on development in Cleveland and other Midwest and East Coast markets. This year, City Club Apartments has broken ground on communities in Detroit, Minneapolis and Cincinnati. All of the communities will feature retail space. “We have a responsibility to our investors, lenders and partners to perform at the highest level and we are reallocating our financial and human capital to several accelerating markets, including Cleveland,” says Jonathan Holtzman, CEO of City Club Apartments.

Get more news delivered to your inbox. Subscribe to France Media's e-newsletters. Click here.

Related News

Webinars on Demand


Read the Digital Editions

Heartland Recent Issue

Northeast Recent Issue

Southeast Recent Issue

Texas Recent Issue

Western Recent Issue

Shopping Center Business

California Centers

Ancillary Retail

Student Housing Business

Seniors Housing Business

Featured Properties