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Ohio Multifamily Operator Buying Affordable Housing Portfolio in Shaker Heights

Pembrook Capital Arranges Acquisition Financing for Significan Lifestyle Communities' Latest Acquisition
Fairway-Marchmont Terrace, part of a portfolio of apartments in Shaker Heights being acquired by Significan Lifestyle Communities. (CoStar)
Fairway-Marchmont Terrace, part of a portfolio of apartments in Shaker Heights being acquired by Significan Lifestyle Communities. (CoStar)
By Jamison Cooper
CoStar Research
December 17, 2020 | 6:40 P.M.

Significan Lifestyle Communities, a multifamily management firm focused on affordable housing and based in Akron, Ohio, has secured financing to acquire and renovate a multifamily portfolio comprised of six buildings and 275 units in the Cleveland suburb of Shaker Heights.

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