Americana Apartments

A personal relationship turned into this investment with the Operating Partner to raise most of the capital. Zitelman Partners and its Investor Partners own two properties with this Operating Partner, totaling 498 units.

Status:
The properties are still owned and are worth significantly more than when they were purchased 20+ years ago, providing significant cash flow to all its partners from refinance proceeds and quarterly distributions over the years. Investors continue to receive significant quarterly distributions.