The former Autumn Ridge complex in Lansing is getting a second chance at life under new ownership, with significant renovations already underway and plans to restore all 618 units.
Justin Golden and his team at Great Water Opportunity Capital purchased the property, now called Evergreen Park, in May 2024 for approximately $35 million. When they took over, the complex was in dire condition.
“When we acquired the property, 100% of the units were pink tagged, which means you were not legally allowed to sign a new lease in those units and 118 units were red tagged, which are deemed unsafe,” Golden said…