The Ltd. brand from Greystar Real Estate Partners has its second community ready for move-ins. Ltd. Champions Ridge in Davenport, Fla., started welcoming residents in early September. The first branded property opened in Houston earlier this year.
Apartment homes outside Orlando range from roughly 800 square feet to more than 1,200 square feet with rents that are typically lower than area market-rate units.
Greystar announced the launch of the new brand in May to help those find attainable housing. “We are excited for the opportunity to apply our platform and our culture of innovation to build housing supply that offers an attainable, high-quality experience for renters while also serving as an attractive proposition for both Greystar and our partners," said Bob Faith, Founder, Chairman and CEO in a release.
Greystar has also broken ground on Ltd. Spring Run near Pittsburgh, which will be the first property using 100% modular building through the Modern Living Solutions factory, Greystar's modular construction firm.