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Joint Venture Pays $17.8 Million for Homewood Apartment Complex

Buyer to Complete Multimillion-Dollar Renovation to 278-Unit City Heights Homewood
City Heights Homewood was built in 1976. (Cushman & Wakefield)
City Heights Homewood was built in 1976. (Cushman & Wakefield)
By Carlos Likins
CoStar News
June 16, 2021 | 7:12 P.M.

A joint venture between Tamrak Management and Northway Equities has purchased City Heights Homewood, a 278-unit apartment complex in Homewood, Alabama, in a value-add play.

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