Thursday 26 January 2023

US-based Olive Tree Affordable Housing, the affordable housing affiliate of private investment company Olive Tree Holdings, has acquired The Life at Lakeside Villas, a 429-unit, affordable multifamily community located at 1519 Lake Branch Drive in Wilmington, North Carolina, the company said.

With equity provided by the American South Fund Management Team, Olive Tree has announced a capital improvement program that is slated to begin in Q2 2023 to enhance the quality of life for residents.