NTS buys Plainview Apartments - Austin Business Journal:

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Financing for the which was made through anNTS , was provided by the , according to a news The purchase price was not disclosed. The previou owner was PlainviewApartments LP, a Denver-based investmenty partnership, according to online records from the Jefferso County Property Valuation Administrator and the Kentucky Secretarg of State. Its assessed value for tax purposesis $9.7 according to the PVA Web site. Occupancy at the time of the purchasde was about94 percent, the releas e said.
NTS plans to enhance and renovatew the property but no details were disclosed in the The apartment complex was developedx as part of the Plainviewplanner community, which includes 800 single-family more than 1,000 apartments, 500 town homes, multiple shoppingt centers and nearly 2 million squarr feet of office space. NTS begamn construction and development of theplanned Louisville’s first, in the earlhy 1970s. With the acquisition, NTS Development Co. and its affiliatess now own four apartment communitiesin Louisville. Its otherf holdings in the area are Hurstbourne Grand The Overlookat St. Thomas and The Willoww of Plainview.
NTS also manages 14 othed apartment communities and 31 commercial properties with more than 5 milliohn feetof office, retail and warehouse spacd in the Southeast.