CRYSTAL AT 5180
MARKET
Dallas /Ft.Worth (DFW)
YEAR BUILT
1998
UNITS
533 Units
Acquired
MAY/####
Asset Renovations
The original interiors had a mix of four different product offerings, which was challenging for leasing associates, often leading to inaccurate pricing. Cortland streamlined all units into one renovation scheme to create a consistent product offering for prospects and to permit more accurate market pricing. Upgrades included modern paint throughout, new vinyl plank flooring, granite countertops, a new Samsung stainless steel appliance package, designer lighting and fixtures, and Nest™ thermostats.
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CASE STUDY DISCLAIMER:
The selected investments have been included for illustrative purposes only, and have been selected in order to provide examples of the types of investments made by Cortland implementing various Cortland investment strategies and not on any performance-based criteria. The case studies do not purport to be a complete list of all investments made by Cortland executing similar strategies, and the investment examples selected do not represent all holdings purchased, sold, or recommended by Cortland exhibiting a similar strategy, nor indicative of how the same investment would perform if purchased today or at any other time than depicted. Investments following a similar strategy executed over the same period may have performed better or worse than the example shown. Multiple factors may influence the performance of the investment, including, without limitation, the timing of the applicable investment. The qualitative and performance results depicted in this presentation are limited to the asset shown, purchased at the time the relevant asset was acquired, and implementing the strategy at a cost basis that was indicative of costs of goods and labor at the time of the execution of the strategy and is not intended to evidence the performance of an investment made today or at any point in the future. Past performance is not indicative of future results.
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