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Transactions - JULY 8, 2021

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CREC Real Estate acquires Cincinnati-area multifamily community

by Andrea Zander

CREC Real Estate has acquired The Vue 180, a 93-unit, class A, multifamily community located near downtown Cincinnati. All of the equity capital required for this transaction was drawn from CREC Real Estate Fund II.

Other terms of the transaction were not disclosed.

Located on the riverfront in Newport, Kent., The Vue 180 sits directly across the Ohio River from downtown Cincinnati, providing its residents with convenient access to downtown Cincinnati’s most popular sports and entertainment attractions, including the Cincinnati Reds, Cincinnati Bengals and Jack Casino, and walkable access to Newport On The Levee, a multi‐level retail entertainment center.

The LEED-certified property features high‐end amenities and finishes, including hardwood floors, large custom closets, nine-foot to 10-foot ceilings, full‐size washers and dryers, and balconies/patios. The Vue also boasts community amenities, including a fitness center, clubhouse, gated covered parking,

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