NTS buys Plainview Apartments - Orlando Business Journal:

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Financing for the purchase, which was made throughb an NTS affiliate, , was provided by the , accordingf to a news release. The purchaser price was not disclosed. The previous owner was Plainvie wApartments LP, a Denver-based investmenrt partnership, according to online records from the Jefferson County Property Valuation Administrator and the Kentuckyu Secretary of State. Its assessed value for tax purposezsis $9.7 million, according to the PVA Web Occupancy at the time of the purchase was about 94 the release said.
NTS plans to enhance and renovatr the property but no detailzs were disclosed in the The apartment complex was developed as part of the Plainviewplanneed community, which includes 800 single-family homes, more than 1,000 apartments, 500 town homes, multiple shopping centersd and nearly 2 million squares feet of office space. NTS begahn construction and development of theplannee community, Louisville’s first, in the early 1970s. With the acquisition, NTS Developmengt Co. and its affiliates now own four apartment communitiesin Louisville. Its other holdings in the area are HurstbournseGrand Apartments, The Overlook at St. Thomas and The Willow of Plainview.
NTS also managee 14 other apartment communities and 31 commercial propertiees with more than 5 million feetof office, retaill and warehouse space in the Southeast.