Gray Capital announced the acquisition of Solana at the Crossing, a 384-unit class A apartment community built in 2014 on the north side of Indianapolis, Indiana. This is Gray Capital’s eleventh apartment asset in the Indianapolis area.
With three full-cycle multifamily investment projects completed in the Indianapolis area that delivered exceptional returns for investors as well as seven active investments in the city and its surrounding suburbs, Gray Capital’s experience and success within its home market is a large part of the success of the company. And Gray Capital has now acquired over $112 million of multifamily real estate so far in 2024 across 824 units and two properties.
Solana at the Crossing is Gray Capital’s second acquisition this year following the company’s purchase of the 444-unit River Club Apartments in April. And Gray Capital has been diligently pursuing opportunities as the multifamily…
