News

SBV Communities Purchases Quail Run Apartments in South Carolina

SBV Communities today announced its purchase of 332-unit Quail Run Apartments in Columbia, South Carolina. The acquisition adds a fifteenth market to the owner and operator’s growing portfolio of multi-family apartment complexes. SBV Communities closed the transaction on February 22nd.   Columbia, South Carolina is the largest city in...

Heart Procedure Makes U.S. Medical History

Sarah Howard traveled from rural Holt, Missouri, for a relatively common procedure called ablation to correct her abnormal heart rhythm. Yet news of her treatment at The University of Kansas Hospital traveled across the nation when she made U.S. medical history.   For years, Sarah had periodically...

SBV Communities Expands into Oklahoma City

SBV Communities today announced its purchase of 119-unit Ridgeview Apartments in Oklahoma City, Oklahoma. The acquisition is the fifth of 2012 for the owner and operator of multi-family apartment complexes and marks the continued expansion of its geographic footprint. Amit Raizada of SBV Communities executed the...

Card Compliant Names Jeff Johnson Chief Sales and Marketing Officer

Card Compliant, a technology provider based in Kansas City, is a compliance specialty company serving the prepaid access and prepaid card industries. They address niche subjects, providing technology-supported solutions to the regulatory, legal and accounting challenges encountered in card programs.   Card Compliant today announced the hiring...

Summer Wind Acquisition Gains National Notoriety

SBV Communities, the Kansas City, Mo.-based multifamily real estate division of Spectrum Business Ventures Inc., has purchased the Summer Wind Apartments in Austin, Texas.   The 156-unit complex, located at 833 Fairfield Drive, is SBV’s ninth multifamily purchase in the state of Texas, but only the first...

SBV Communities Purchases Summer Wind Apartments

SBV Communities today announced its purchase of 156-unit Summer Wind Apartments in Austin, Texas. The acquisition is the fourth of the year for the owner and operator of multi-family apartment complexes and marks the continued expansion of its geographic footprint. SBV Communities executed the purchase and...

SBV Communities Purchases Avondale Apartments in Little Rock, Arkansas

SBV Communities today announced its purchase of 206-unit Avondale Apartments in Little Rock, Arkansas. The acquisition is the third of this year for the owner and operator of multi-family apartment complexes and marks the continued expansion of its geographic footprint. SBV Communities executed the purchase and...

Card Compliant Names Becky S. Shulman CFO and COO

Card Compliant today announced the hiring of Becky Shulman as Chief Financial Officer and Chief Operating Officer. Ms. Shulman will lead Card Compliant’s finance, accounting, operations and investor relations initiatives.   Ms. Shulman returns to Kansas City after recently serving as Managing Director and Deputy Chief Financial...

SBV Communities Purchases 384-Unit Multi-Family Complex in Indianapolis

Indianapolis’ Tikijian Associates recently arranged the sale of Hillcrest Woods, a 384-unit apartment community located on the northeast side of Indianapolis. Hillcrest Woods sits on 62 acres of heavily wooded hills, a rarity in central Indiana.   Tikijian Associates represented Miami-based LNR Partners, a national special servicer that...