The Grove Apartments in Pocatello, Idaho, represents Chartwell Capital Partners' ongoing commitment to strategic real estate development. Acquired in 2021, the property consists of 108 multi-family units and is financed through Mountain America CU conventional acquisition debt. Owned for 2.5 years, Chartwell assumes roles as Owner, General Partner, Manager, Developer, Principal of borrower, and Guarantor. The project involves adding six basement units, constructing six townhome units, and overseeing leasing and operations through a third-party manager.
There are a number of significant risks that should be considered and reviewed when considering an investment in real estate or real estate securities. This website is neither an offer to sell nor a solicitation of an offer to buy the securities. An offering is made only by the applicable offering documents or Prospectus and only in those jurisdictions where permitted by law. This website must be read in conjunction with the applicable offering documents or Prospectus in order to understand fully all of the implications and risks of the offering of securities to which it relates and a copy of the offering documents or Prospectus must be available to you in connection with any offering. All information contained in this website is qualified by the terms of applicable offering documents or Prospectus. Neither the Attorney-General of the State of Utah nor any other State regulators have passed on or endorsed the merits of any offering described herein. Any representation to the contrary is unlawful.
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