[CHICAGO, January 9, 2024] Clear Investment Group announces the successful acquisition of a new portfolio in the thriving metropolitan market of Columbus, Ohio. This purchase marks the third portfolio acquisition for Clear Opportunities Fund I, reinforcing its commitment to maximizing returns and creating value through targeted investments in the opportunistic real estate sector.

The newly-acquired, 381-unit portfolio is comprised of several distressed multifamily buildings, strategically located throughout Columbus. As the capital of and largest city in Ohio, Columbus is known for its robust economy, diverse job market, and strong rental demand. It is also an educational hub, with seven universities in proximity. Clear Investment Group recognizes the potential of this market and views the acquisition as a strategic fit that aligns with the Fund’s core objectives – building value by building communities.

“We are thrilled about the acquisition of this portfolio in Columbus. It represents an exciting move for our Fund, and a strategic steppingstone toward delivering strong returns for our investors, while diligently supporting the local community. Clear Investment Group looks forward to making a positive impact in such a dynamic and resilient market,” states Amy Rubenstein, Chief Executive Officer at Clear Investment Group. “Columbus has consistently demonstrated strong economic fundamentals, making it an ideal location for our investment strategy focused on maximizing returns from distressed multifamily assets.”

The Clear Investment Group team has a proven track record of successfully managing distressed assets, implementing value-add strategies, and revitalizing communities. The Fund’s expertise in navigating complex real estate transactions positions it as a trusted partner for investors seeking attractive returns in challenging market conditions.

The Columbus, Ohio acquisition aligns with Clear Investment Group’s commitment to identifying opportunities where it can leverage its experience to create value for investors. The Fund remains dedicated to executing its investment strategy with a focus on disciplined underwriting, strategic asset management, and optimizing operational efficiencies. Clear Opportunities Fund I remains optimistic about the prospects of the Columbus multifamily market and is poised to contribute positively to the community through its revitalization efforts.

For media inquiries or more information about Clear Investment Group, please contact:
Alexandra Horton
Director, Investor Relations & Marketing
alexandra@clearinvestgroup.com
Clear Investment Group, LLC