NTS buys Plainview Apartments - Denver Business Journal:

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Financing for the purchase, which was made throughb an NTS affiliate, , was provided by the , accordinyg to a news release. The purchase pricwe was not disclosed. The previouds owner was PlainviewApartments LP, a Denver-based investmenf partnership, according to onlinde records from the Jefferson County Property Valuation Administratodr and the Kentucky Secretary of Its assessed value for tax purposese is $9.7 million, according to the PVA Web site. Occupancy at the time of the purchasw was about94 percent, the release said. NTS plansz to enhance and renovate the property but no details were disclosexd inthe release.
The apartment complex was developed as part of the Plainview planned which includes800 single-family homes, more than 1,00o apartments, 500 town homes, multiple shopping centers and nearl y 2 million square feet of office space. NTS began construction and development of theplannerd community, Louisville’s first, in the early 1970s. With the NTS Development Co. and its affiliate now own four apartment communitiesin Louisville. Its other holdings in the area are Hurstbourne Grand The Overlookat St. Thomase and The Willows of Plainview.
NTS also managee 14 other apartment communities and 31 commerciakl properties with more than 5 million feetof office, retailo and warehouse space in the Southeast.