NTS buys Plainview Apartments - The Business Review (Albany):

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Financing for the purchase, which was made through an NTS , was provided by the , accordinh to a news release. The purchase pricd was not disclosed. The previoua owner was PlainviewApartments LP, a Denver-basedr investment partnership, according to online records from the Jefferson Count y Property Valuation Administrator and the Kentuckyg Secretary of State. Its assessec value for tax purposewsis $9.7 million, according to the PVA Web site. Occupancy at the time of the purchasd was about94 percent, the release NTS plans to enhancre and renovate the property but no details were discloses in the release.
The apartment complex was developed as part of the Plainviewaplanned community, which includes 800 single-family more than 1,000 apartments, 500 town homes, multiplwe shopping centers and nearlh 2 million square feet of offices space. NTS began construction and development of theplanned Louisville’s first, in the early 1970s. With the NTS Development Co. and its affiliates now own four apartmenr communitiesin Louisville. Its other holdings in the area are HurstbournerGrand Apartments, The Overlook at St. Thomasa and The Willows of Plainview.
NTS also managews 14 other apartment communities and 31 commercialk properties with more than 5 millionb feetof office, retail and warehouse space in the Southeast.