City Club Apartments has formed a new strategic partnership with Cleveland, Ohio-based boutique real estate private equity firm Berkeley Capital. The announcement was made jointly by CCA founder and chief executive officer Jonathan Holtzman and Berkeley Capital managing director Michael Wager.
With its access to niche sources of international capital, Berkeley Capital will help City Club Apartments enhance the development of its best-in-class multi-family communities. By combining both firms’ areas of expertise, this partnership creates great efficiency in real estate investment, development and acquisition.
The mid-rise, high-rise and historically preserved mixed-use communities that CCA is developing drive resident and neighborhood engagement with the seamless integration of destination restaurants, specialty markets, cafes and pet services. CCA communities, which feature four distinct interior finish packages and as many as 50 diverse floor plans, are located in prime urban neighborhoods with access to public transportation, parks and riverfronts, professional and college sporting venues, a diverse range of restaurants, culture and entertainment districts, colleges and universities, hospitals and high-energy startups to Fortune 100 companies.
From 24/7 sky clubs, sky parks, bark parks, sexy bathrooms, wellness rooms and social programing, to movie theaters, indoor outdoor pools, tranquil Zen gardens, green certifications and fiber technology, CCA’s market dominant spaces and places promote comfort, socialization and design, with a respect for nature and the environment.
City Club Apartments is an owner, developer and manager of apartment, furnished short-term and penthouse mixed-use communities with a portfolio of approximately 10,000 apartments in 30 urban and suburban-urban apartment communities, $2 billion in real estate assets and $750 million under development/construction in Cincinnati, Detroit, Chicago, Pittsburgh, Kansas City and Cleveland with expansion planned for the East Coast.
