Multi-Family Facilities

Since 1995, members of The Fortus Group have been directly involved with the ownership, construction and management of multi-family apartment projects. To date, 17 projects have been built, owned and managed, with our most recent project beginning construction in the 1st quarter of 2010. Our current pipeline of projects slated for 2010/2011 throughout the Midwest include four (4) new communities consisting of approximately 375 units and $45 million in development costs. 

As The Fortus Group looks into the future of commercial real estate, we feel there are very strong opportunities for multi-family projects. Whether it is an existing apartment acquisition or a site for future development, The Fortus Group will carefully underwrite and analyze the feasibility and risk of each opportunity to fit within our business plan and vision.

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Recent Multi-Family Transactions


The Preserve at Crossroad’s Apartment Community
96-Units in Waterloo, Iowa

The Preserve at Crossroad’s began construction in early 2010, with the final construction completion slated for mid 2011. The first units are expected for lease in the 4th quarter of 2010. There will be a total of 96 affordable apartment units with a mix of one (1), two (2) and three (3) bedroom units ranging in size from 743 to 1,240 square feet to meet our resident’s needs.

The Preserve at Crossroads is situated on 10.9 acres at the intersection of Camelot Drive and Sears Street in Waterloo, Iowa. This location is a superior choice for high quality and modern housing. The Preserve at Crossroads is situated in a secluded and quaint location exceptionally positioned near local services, including shopping, dining, employment and recreational opportunities. The site is immediately adjacent (north) to the Super Target and just steps from the Crossroads Shopping center, the Covenant Medical Center, Osco Drugs, public transportation all of which will compliment the daily schedules of the prospective residences of the community.

For additional information regarding the construction and/or development, please contact The Fortus Group directly. 

For additional information regarding leasing opportunities, please contact Buckingham Management.

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