The Vue

The Opportunity

Springer Capital identified this off-market opportunity through a local broker who had a longstanding relationship with the owners since the early 1990s. Constructed and still owned by a prominent Lexington family, the property featured mostly original interiors and exteriors, with utilities remaining on a master meter charged to the owner. Based on Springer’s proven track record, an offer was accepted at an in-person meeting, allowing for a large value-add program to begin.

The Impact

Springer Capital invested approximately $10 million to modernize interiors, exteriors, and amenities, aligning the property with nearby market-rate communities.