Clear Investment Group, a Chicago-based firm specializing in acquiring, managing and redeveloping distressed multifamily real estate assets, has recently acquired a 381-unit portfolio in the Columbus metropolitan market. The portfolio consists of multiple distressed multifamily buildings strategically located throughout the city.
According to Amy Rubenstein, Chief Executive Officer at Clear Investment Group, “We are thrilled about our latest acquisition in Columbus. It is an exciting opportunity for our Fund and aligns with our strategy to deliver strong returns for investors while supporting the local community.” With its strong economic fundamentals and potential for maximizing returns from distressed assets, Columbus was an ideal location for their investment strategy.
This marks Clear Opportunities Fund I’s third successful portfolio acquisition. The fund remains committed to executing its investment approach through disciplined underwriting practices and strategic asset management techniques aimed at optimizing operational efficiencies.