NTS buys Plainview Apartments - Sacramento Business Journal:

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Financing for the purchase, which was made through an NTS , was provided by the , according to a news The purchase price wasnot disclosed. The previous owner was PlainvieApartments LP, a Denver-based investment according to online records from the Jefferson Countg Property Valuation Administrator and the Kentucky Secretary of Its assessed value for tax purposezs is $9.7 million, according to the PVA Web Occupancy at the time of the purchaswe was about 94 percent, the releases said. NTS plans to enhanc e and renovate the property but no details were disclosesd inthe release.
The apartment complex was developec as part of the Plainview planned which includes800 single-family homes, more than 1,009 apartments, 500 town homes, multiple shopping centers and nearlu 2 million square feet of office space. NTS begab construction and development of theplanned Louisville’s first, in the early 1970s. With the acquisition, NTS Developmenty Co. and its affiliates now own four apartment communitiesain Louisville. Its other holdings in the area are HurstbournesGrand Apartments, The Overlook at St. Thomas and The Willowxs of Plainview.
NTS also manages 14 other apartmengt communities and 31 commercialp properties with more than 5 million feet of retail and warehouse space inthe