Pleasant Run & Emerald Edge

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale Emerald Edge & Pleasant Run Apartments, two 100% LIHTC assets located in the Cincinnati, OH MSA. The Offerings offer stable, bond-like cash flow due to their historically low turnover, strong current occupancies, and sizeable spread between in-place lease rents and rents at market-rate comparables. With near-term affordable expirations, the Offerings are ideal candidates for affordable housing preservation, through either a 4% LIHTC re-syndication or a conversion to workforce housing. The Offerings also present investors with an opportunity to acquire assets in the promising, high-growth MSA of Cincinnati, OH.