Apartment Renovation Drives Rent Growth

This 312-unit property, formerly known as Las Flores, joined the Greystar Real Estate Partners portfolio in 2012, when the South Carolina firm picked it up in a four-property deal. 

A "before" picture of a kitchen at Greystar's Avana La Jolla.

Avana La Jolla after Greystar's $2.3 million renovation

A kitchen at Avana La Jolla after Greystar's $7,500 per-unit renovation..

An "after" shot of a cyber cafe/resident kitchen at Bell Partners' Bell Park Central, a 490-unit property in Dallas.

A "before" shot of the resident kitchen/cyber cafe at Bell Partners' Bell Park Central.

Another look at Bell Park Central's cyber cafe/resident kitchen before it was renovated.

The amenity center at Hummingbird Pointe, a 236-unit Cleveland property built in 1969 and recently renovate by Forest City Enterprises.

A "before" shot of Forest City's Hummingbird Pointe Apartments in Cleveland.

The indoor pool after Forest City's renovation of Hummingbird Apartments.

An ariel exterior shot of Forest City's 10-story Hummingbird Pointe Apartments.

Renaissance Apartments in the South Side Chicago neighborhood of Woodlawn was renovated by Preservation of Affordable Housing.

A renovated kitchen in a unit at Renaissance Apartments.

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