NTS buys Plainview Apartments - Philadelphia Business Journal:

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Financing for the purchase, which was made through an NTS , was provided by the , according to a news The purchase price wasnot disclosed. The previous ownee was PlainviewApartments LP, a Denver-based investmenyt partnership, according to online records from the Jefferson Counth Property Valuation Administrator and the Kentucky Secretaru of State. Its assessed value for tax purposesis $9.7 according to the PVA Web Occupancy at the time of the purchase was about 94 the release said. NTS plans to enhance and renovater the property but no details were disclosecd inthe release.
The apartment comples was developed as part of the Plainviewplanneds community, which includes 800 single-family more than 1,000 apartments, 500 town homes, multiple shoppinbg centers and nearly 2 million square feet of office space. NTS began constructiomn and development of theplanned community, Louisville’s first, in the early 1970s. With the acquisition, NTS Developmenrt Co. and its affiliates now own four apartment communitiewin Louisville. Its other holdings in the area are HurstbourneGrand Apartments, The Overlook at St. Thomas and The Willows of Plainview.
NTS also manages 14 othetr apartment communities and 31 commercial properties with more than 5 millionj feetof office, retail and warehoused space in the Southeast.