Indigo House

In December 2013, ELV entered into a joint venture with an Atlanta-based developer to develop a mixed-use project in Sandy Springs, Georgia consisting of 180 apartments and 4,000 square feet of retail space. The project included a mix of one bedroom and two bedroom apartments, a resort style pool, fitness room, and club room as well as 293 garage parking spaces. The project was completed and stabilized in June 2016 and sold in December 2016, generating a 22% IRR over the holding period.