Estate Planning Attorney inWest Ashley, SC

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Securing Your Legacy in South
Carolina

Did you know that one in two U.S. citizens have yet to create a plan for their estate? Just about everyone knows they need to get their affairs in order, but most people procrastinate when it comes to estate planning. It's an uncomfortable subject to think about. After all, nobody wants to ponder their death and what happens to their assets when they pass. However, working with an estate planning lawyer in West Ashley, SC, protects you, your loved ones, and your assets, both while you're alive and after you have died. There isn't a perfect time to plan your estate, but there is a right time – and that time is now.

We understand that there is no "one-size-fits-all" solution to your estate planning needs. That's why, at CDH Law Firm, we make a concerted effort to speak with our clients personally so that we can create an estate plan that is as unique as they are. Our estate plans are comprehensive, cost-effective, and catered to you. That way, your family is provided if you are incapacitated or pass away.

At the end of the day, our goal is to make sure that every one of our clients leaves our office feeling less stressed and more informed. Peace of mind is valuable currency these days. Why worry about the future of your loved ones when you can use South Carolina law to ensure their stability?

Many of the clients in West Ashley that walk through our doors have significant questions that require serious answers. They're filled with doubt, stress, and worry. They're worried about their children, their spouse, their relatives, or all the above. They ask questions like:

  • How much does estate planning cost?
  • What kind of results can I expect?
  • How long will this process take?

If these questions sound familiar, know that you are not alone. At CDH Law Firm, we have worked with hundreds of clients just like you. Sometimes, these clients are unsatisfied with their current estate planning attorney in West Ashley. Other times, they have been served with confusing papers or documents that leave them feeling overwhelmed. In either case, clients come to our office knowing they need to manage what is often a sudden, foreign situation.

The good news? We sit down with all new clients for an hour at no extra cost. We do so to get a basic sense of their situation and help steer them in the right direction. That way, they can leave our office feeling a little wiser and a lot better about the future.

Estate Planning Law West Ashley, SC
Service Areas

Our firm specializes in several areas of estate planning and family law, including:

  • Estate Planning
  • Last Will and Testament
  • Living Wills
  • Heath Care Power of Attorney
  • Living Wills
  • Irrevocable Trusts
  • Revocable Trusts
  • Retirement Trusts
  • Special Needs Trusts

The Cobb Dill & Hammett
Difference

At Cobb Dill & Hammett, LLC, estate planning is like second nature to us. Having worked hundreds upon hundreds of cases, we have the knowledge and experience to assist with all the estate planning needs that you or your family have.

As our client, you will always work directly with your attorney. We do not pass cases off to paralegals or junior associates. Because your concerns and questions don't end when our office closes, we encourage our clients to contact us at any time.

Because we limit the number of cases we accept, we have the time and resources to truly dedicate ourselves to each of our clients. Unlike some competitors, we care about the outcome of every case because we know that our clients' future depends on it.

 Estate Planning Attorney West Ashley, SC The-Cobb-Dill-Hammett-Difference
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What is Estate Planning in
West Ashley, SC?

The word "estate" might make you think of a sprawling mansion in the French countryside. The truth is, you don't have to be rich to have an estate. In fact, most people already have an estate. An estate comprises the assets that a person owns like cars, bank accounts, real estate, businesses, and other possessions. Everyone's estate is different, but we all have one thing in common: none of us can take our estates with us when we die. When that does eventually happen, you will need legal instructions that state who gets what from your estate in plain terms.That, in a nutshell, is estate planning – building a framework in advance that names the organizations or people that should receive your assets after you die. Planning your estate now helps make life much easier for your family down the line.

 Estate Planning Lawyer West Ashley, SC
A good estate plan covers more than fiscal assets, however. A comprehensive
estate plan should include the following:
  • If you have children who are minors, instructions as to who will be their guardian when you die.
  • Long-term care insurance if you suffer from an extended injury or illness.
  • Instructions that dictate what happens to you and your financial affairs if you become incapacitated before death.
  • Instructions on the transfer of your business after retirement, incapacity, disability, or death.
  • Instructions on how to provide for loved ones who might need help managing money or who need protection from creditors.
  • Probate and tax avoidance that help minimize court fees, taxes, and legal fees.
  • Planning Medicaid payments.
  • Instructions that help complete or update beneficiary designations.
  • Assist family members who have special needs without disqualifying them from government benefits.

Contrary to popular belief, estate planning isn't just for adults who are approaching retirement age. Estate planning is for everyone. After all, we're all getting older, and none of us know exactly when it will be our time to go.

The Basics of Estate Planning
in West Ashley, SC

Although estate planning can be complicated, a well-rounded plan makes a huge difference in what is left to your beneficiaries. Before you start planning your estate, it's important to know a few common topics that may arise as you detail your needs.

1.

Working with a Tax Advisor and Estate Planning
Attorney in West Ashley, SC

Working with a veteran estate planning lawyer is a no-brainer, but you should consider working with a tax advisor too. Your attorney's role is to help guide you through the creation of your estate planning documents. Common documents include your will, health care directives, and power of attorney. Your tax advisor will help guide you through tax issues associated with your estate planning needs.

In this relationship, you make the decisions while your attorney and tax advisor help you understand and think through the options you're considering. As a team, they will help you state your wishes clearly while minimizing mistakes and adjusting your plans as they change. Because significant savings can result from thorough, informed planning, you should seriously consider working with a tax advisor in addition to your estate planning attorney.

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2.

Maximizing
Your Estate

If there were one overriding theme of estate planning, it would be maximizing what you plan to leave behind. Thinking through how each of your assets will be distributed is crucial to your estate. Your decisions may change depending on the type of asset, its size, how old you are, and several other factors. With an attorney on your side, you will gain a thorough understanding of what actions you should take to care for your family while minimizing expenses like taxes and court fees.

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3.

Inheritance, Estate,
and Gift Taxes

One of the biggest parts of maximizing what you're leaving behind is to minimize taxes. Federal taxes on estates and gifts are incredibly high. Both forms of taxes usually have exemption limits, which means you can give up to a specific amount without being taxed. Your lawyer can achieve that by using the gift tax exemption to move assets while you are still alive. This strategy maximizes how much your beneficiaries will receive.

Inheritance taxes are often based on the value of your estate and paid prior to asset distribution to your beneficiaries.

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Choosing the
Executor of Your Will

The executor of your estate plays a key role in your affairs. Their responsibilities include carrying out the terms of your will and seeing the estate settlement process through until the end. Obviously, such a role demands a qualified person. Choosing your executor isn't an easy decision. The person you select should be great at managing money, be savvy financially, and show an ability to be patient. That's because the executor is tasked with:

  • Collecting Your Assets
  • Paying Outstanding Bills
  • Submitting Tax Returns
  • Petitioning the Court for Documents
  • Distributing Assets to Your Beneficiaries
 Law Firm West Ashley, SC

If the person that you choose as executor is inexperienced with the estate settlement process, it is recommended that they lean on an estate planning attorney in West Ashley, SC for guidance. It should be noted that you may appoint more than a single executor to your estate. This is common when two individuals have complementary personalities or skill sets.

The Benefits of Estate Planning
in West Ashley, SC

One of the biggest benefits of planning your estate is the peace of mind it brings to you and your family. With the help of our expert estate planning attorneys, you have the power to protect your assets, privacy, and children's welfare. You can also potentially save money on taxes or even avoid probate. By having your wishes legally documented before death or incapacity, you can minimize any impact on your beneficiaries and take control of your legacy. Without a comprehensive estate plan, you're leaving the future of your loved ones in the hands of the South Carolina court system.

With an estate plan in place, you can plan for incapacity by using a power of attorney or advanced medical directives. Doing so relieves your loved ones of the burden of asking the court for the authority to fulfill your wishes.

At CDH Law Firm, we are committed to helping you prepare for both the expected and unexpected through years of experience and a fierce dedication to our clients. From establishing trusts to designing business succession plans, we are here to fight for you.

At CDH we offer a "Will Package" that includes 4 necessary documents.

If a husband and wife each purchase reciprocating will packages we give a discount. Reciprocating just means the husband names the wife and the wife names the husband. Those four documents are:

  • Last will and testament
  • Healthcare power of attorney
  • Durable power of attorney
  • living will
Free Consultation

Common Documents Included
in Your Estate Plan

As mentioned above, everyone's estate planning needs will be different. However, most plans include one or more of the following documents:

1.

Will

Your will is an essential piece of documentation and is often considered the cornerstone of a proper estate plan. Generally speaking, your will is a document that dictates the distribution of your assets after your death. Having an iron-clad will is one of the best ways to make sure that your wishes are communicated clearly. As is the case with most estate planning, it is highly recommended that you work with an estate planning attorney in West Ashley, SC, to create and update your will.

The contents of a will typically include:

  • Designation of the executor, who is responsible for adhering to the provisions of your will.
  • Designation of beneficiaries – the people who will be inheriting your assets
  • Instructions that dictate how and when your beneficiaries will receive assets.
  • Instructions that assign guardianship for any minor children.

Without a will in place, the State of South Carolina will decide how to distribute assets to your beneficiaries. Allowing the state to distribute your assets is often an unfavorable route to take, since the settlement process may not include what you had in mind for your survivors. Having a will drafted that reflects your wishes will prevent such a situation from happening.

 Attorney West Ashley, SC
2.

Living Will

Despite its name, a living will does not instruct your survivors on what assets go where. Also called an advanced directive, your living will allows you to state your end-of-life medical wishes if you have become unable to communicate. This important document provides guidance to family members and doctors and solidifies certain issues like whether you should be resuscitated after an accident.

For example, it's common to direct that palliative care (care to decrease pain and suffering) always be administered if needed. Conversely, you may state that certain measures are not allowed, like CPR.

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3.

Trusts

Traditionally, a trust is used to minimize estate taxes and maximize other benefits as part of a well-rounded estate plan. This fiduciary agreement lets a trustee hold your assets on behalf of your beneficiaries. There are many ways to arrange a trust to specify when and how your assets are distributed.

With a trust in place, your beneficiaries can avoid going to probate. That means they may be able to gain access to your assets quicker than when they are transferred with a standard will. Assets placed in a trust can pass outside of probate, which will save you and your family time, money, and stress.

There are two distinct trust categories that you should be aware of: revocable and irrevocable.

Estate Planning Law West Ashley, SC

Revocable Trust:

Also called a living trust, a revocable trust helps assets circumvent probate. With this trust, you can control your assets while you are still alive. These trusts are flexible and may be dissolved at any point in time. This type of trust becomes irrevocable upon your death. Revocable trusts can help you avoid the pitfalls of probate but be aware that they are usually still taxable.

Irrevocable Trust:

This kind of trust transfers assets out of your estate so that they are not taxed and do not have to go through probate. However, once an irrevocable trust has been executed, it may not be altered. That means that once you establish this kind of trust, you lose control of its assets and cannot dissolve the trust. If your primary goal is to avoid taxes on your estate, setting up an irrevocable could be a wise choice.

When drafted with the help of an estate planning lawyer in West Ashley, SC, your trust can also:

Protect Your Legacy:

When constructed properly, a trust can protect your estate from your heirs' creditors. This can be a huge relief for beneficiaries who might need to brush up on money management skills.

Privacy and Probate:

Probate records are made available for public consumption. With a trust, you may have the choice of having your assets pass outside of probate court so that they remain private. In the process, you may also save money that you would lose to taxes and court fees.

Control Wealth:

Because you can specify the exact terms of a trust, you have more control over who receives your assets and when they receive them. As an example, you can set up a revocable trust so that your assets are attainable while you're alive. When you pass, remaining assets are distributed, even in complex situations involving children from multiple marriages.

The Top Estate Planning Law Firm in the Lowcountry

If you know that you need to provide for your family and loved ones after your death, it's time to develop your estate plan. With CDH Law Firm by your side, planning your estate doesn't have to be difficult. However, it does need to be accurate and executed exactly to your wishes – something that we have been helping clients achieve for years. Don't leave your legacy up to chance – contact our office today and secure your future generations.

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Latest News in West Ashley, SC

Plan approved to replace West Ashley middle school to reduce capacity

CHARLESTON, S.C. (WCSC) - The Charleston County School Board of Trustees has okayed a plan from staff to replace the current C.E. Williams North campus with a new school.At a Committee of the Whole meeting on Tuesday, the board voted to continue the current middle school configuration in West Ashley dividing sixth-grade students from seventh and eighth-grade students who currently go to C.E. Williams South, near West Ashley High School.The plan that would replace the sixth-grade campus would also allow Pattison’s Academy ...

CHARLESTON, S.C. (WCSC) - The Charleston County School Board of Trustees has okayed a plan from staff to replace the current C.E. Williams North campus with a new school.

At a Committee of the Whole meeting on Tuesday, the board voted to continue the current middle school configuration in West Ashley dividing sixth-grade students from seventh and eighth-grade students who currently go to C.E. Williams South, near West Ashley High School.

The plan that would replace the sixth-grade campus would also allow Pattison’s Academy for Comprehensive Education (PACE) to fund the design and construction of its facilities on the North campus. PACE is a specialty charter school run by a non-profit for students with multiple disabilities. They’re currently operating out of the former St. Andrews Middle School location.

The board committee also approved the expansion of the seventh/eighth grade C.E. Williams South campus by adding eight classrooms.

Despite the new building for sixth-grade students, the district’s plan does not expand capacity. The current building is underutilized with an enrollment of 363 this year. The building capacity is 904 according to data presented at the meeting.

The new building will be built to hold 600 students, with an expansion capacity of 900. This stands in stark contrast to the South campus which is nearing capacity. That building holds 969 students and currently has 835 students.

However, the district contends West Ashley is not growing as fast as it appears. If current projections remain unchanged the North campus is not expected to exceed 431 students in the next six years. The South campus is expected to peak at 848 students over the same time period.

Former West Ashley High School principal Lee Runyon says the district says the district’s plan is not properly taking into account growth in West Ashley.

“I think that the current plan is again short-sighted and smacks of continued use of taxpayer dollars to try and put a Band-Aid on the problem of systemic growth,” Runyon said. “Anytime you’re running an organization, you’re either growing or you’re dying. If the district is projecting flatline growth in a community that is exploding with residential growth, I think that’s poor leadership.”

Parents like Ragan DuBose-Morris say there are plenty of kids in West Ashley, but many parents are opting to send their middle schoolers out of District 10 to seek out more traditional options.

“West Ashley is the only area in Charleston County that does not have a traditional K-12 pipeline so that you can attend at a traditional elementary, middle and high school configuration,” DuBose-Morris said. “That has been a problem.”

The district’s own numbers suggest only 65 percent of students living in West Ashley attend the two campuses. Despite living in West Ashley, DuBose-Morris chooses to take her children to schools in North Charleston. She says whenever a child has to move to a new school there’s a transitional period that disrupts education. She says she wants to eliminate as many of those transitions as possible.

“They [children] have the knowledge of being in an environment for six through 12th grade,” DuBose-Morris said. “So we have stability, they’re not transitioning between schools. The guidance counselors know who they are. Their teachers know who they are. They’re able to progress through a process in which they have support.”

The current configuration was initiated in part to produce more diverse schools. Constituent board chair for District 10 (West Ashley) Rodney Lewis says the schools are now more diverse and the sixth-grade academy model can work. He says the smaller classes away from the influence of older students are helpful for students to enter adolescents.

“Any time there’s a new program it never just jumps off the first two or three years,” Lewis said. “You got to work it. It’s like a business. You start a business you won’t go to the top automatically. You have to grow there. Allow this to grow and you will see how it works.”

The project is part of the Phase Five Capital Buildings Program that is being funded by a one percent sales tax approved by voters in 2020. The project is budgeted for $40 million and is expected to be completed in 2026.

Copyright 2022 WCSC. All rights reserved.

Thursday headlines: S.C. voters may get early chance to vote as bill resurrected

The South Carolina Senate voted unanimously on Wednesday to bring back an early voting measure in an election reform bill, raising the possibility of voters heading to the polls as early as two weeks before the June 14 primaries.The House quickly approved the bill. The measure now heads to Gov. Henry McMaster, who has indicated support, for his signature. More: ...

The South Carolina Senate voted unanimously on Wednesday to bring back an early voting measure in an election reform bill, raising the possibility of voters heading to the polls as early as two weeks before the June 14 primaries.

The House quickly approved the bill. The measure now heads to Gov. Henry McMaster, who has indicated support, for his signature. More: Associated Press

In other headlines:

Charleston to install pocket wetlands to help flooding. Charleston City Council approved a $246,000 construction contract May 10 that will create ‘pocket wetlands’ to West Ashley areas plagued by flooding. The plan will create ponds and a walking trail on three lots on Mowler Court. It is part of a larger $5.2 million effort to incorporate these types of flood mitigation projects throughout outer West Ashley.

Charleston to reinstate sidewalk sign ordinance. The city of Charleston is looking to enforce its sidewalk signage ordinance, citing pedestrian safety. The ordinance prohibits the use of signage on public right-of-way sidewalks. Complaints sent to Charleston’s Americans with Disabilities Act coordinator contributed to the reinforcement of the ordinance to help protect the safety of pedestrians, especially those with disabilities.

Imported goods on the rise in Charleston. Cargo containers at the South Carolina ports in Charleston reached 140,730 containers in April, a 56.5% increase compared to April 2020 and became the 14th consecutive month of record-setting freight. Everything from apparel to furniture accounted for more than half of all boxes moving through the terminals.McMaster signs extended foster care bill. S.C. Gov. Henry McMaster signed into law the extension of children in the foster care system. The bill offers extra support to those in the foster care system and extends foster care services to youths until the age of 21.

To get dozens of South Carolina news stories every business day, contact the folks at SC Clips.

City Council gives first approval to tourism funds for Ashley River pedestrian bridge

Charleston City Council on Tuesday approved the first reading of a measure to use just over $1 million from the city’s Hospitality Fee to support the Ashley River Crossing Project, a plan years in the making to build a bike-pedestrian bridge across the lower Ashley River.The bridge would tie into the West Ashley Greenway and Bikeway, a widely used trail system spanning inner and outer West Ashley. The bridge would span less than half a mile of water directly south of the T. Allen Legare Bridge, connecting West Ashley and the pen...

Charleston City Council on Tuesday approved the first reading of a measure to use just over $1 million from the city’s Hospitality Fee to support the Ashley River Crossing Project, a plan years in the making to build a bike-pedestrian bridge across the lower Ashley River.

The bridge would tie into the West Ashley Greenway and Bikeway, a widely used trail system spanning inner and outer West Ashley. The bridge would span less than half a mile of water directly south of the T. Allen Legare Bridge, connecting West Ashley and the peninsula and reducing vehicle traffic.

City officials estimate the final cost to be about $41.2 million — and the city is only $1 million shy of that total. The $41 million raised for the bridge so far has come from a combination of local, state and federal funds, including a recent grant for $14 million from the Charleston Area Regional Transportation Study.

“This is a huge win for the community,” said council member Karl Brady. “Once this bridge is completed, you’ll be able to go on the Greenway from Downtown, across the bridge, all the way to my district near the Limehouse Bridge on Johns Island. That’s a huge win for mobility in this city — to be able to do that without ever having to have bikes or pedestrians get on a road.”

City leaders aren’t the only people excited to get the project underway. Katie Zimmerman, executive director of local mobility advocacy group Charleston Moves, spoke ahead of the council’s vote at Tuesday night’s meeting.

“I just wanted to thank [City Council] for [their] continued leadership on the Ashley River bike and pedestrian bridge,” she said. It’s a huge deal. It’s going to be legacy-making for our region. It’s going to save a lot of lives and make commutes a lot more enjoyable.”

Pedestrian safety has been an ongoing discussion in Charleston and South Carolina as a whole. Several pedestrian and cyclist deaths are reported every year as people cross bridges with no dedicated pedestrian walkways or bike lanes. South Carolina ranked No. 4 in the nation for highest pedestrian deaths in the U.S., according to data from the U.S. Census and the National Highway Traffic Safety Administration compiled in a January report from Car Insurance Comparison.

City officials and community leaders have stressed the importance of pedestrian access in curbing these unnecessary deaths.

If fully funded, the city believes the construction contract for the bridge would be awarded in March of next year. They estimate the project will be completed in 2026.

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City of Charleston officials discuss next steps in Ashley River Crossing project

CHARLESTON, S.C. (WCBD) – City of Charleston officials are moving forward with their next steps in the multi-million dollar Ashley River Crossing project.The first reading of moving forward with funding was approved during Tuesday’s Charleston City Council Meeting.The city is now waiting for the federal government to approve the next steps with a one million dollar grant. Bicyclists in the area say they are excited to see connectivity for thousands of residents in the area to enjoy.“This particular brid...

CHARLESTON, S.C. (WCBD) – City of Charleston officials are moving forward with their next steps in the multi-million dollar Ashley River Crossing project.

The first reading of moving forward with funding was approved during Tuesday’s Charleston City Council Meeting.

The city is now waiting for the federal government to approve the next steps with a one million dollar grant. Bicyclists in the area say they are excited to see connectivity for thousands of residents in the area to enjoy.

“This particular bridge is not only an important gap to address on its own, but it’s propelling all of these other connections to get into place,” says Katie Zimmerman, the Executive Director of Charleston Moves.

City of Charleston officials are moving forward with submitting plans to start designing and building the Ashley River Crossing project. Mayor John Tecklenburg says construction is expected to start early next year to create a greenway and paths linking the Upper Peninsula and West Ashley.

“We are really making incredible progress that’s why we are all excited. an important piece of this with the cost of living is making sure you have all the funding in place,” says Mayor Tecklenburg.

Zimmerman hasn’t owned a car in 16 years and her main mode of transportation is her bike. She crosses the bridge almost every day and says this project is needed to improve safety as sidewalks are very narrow.

“I do not drive I don’t own a car. Bicycling is the most efficient way for me to get across it. I don’t think motorists realize how close they actually are to those of us who are on that side path,” says Zimmerman.

The project is expected to provide pedestrian and bicycle paths that are 21 feet wide. Mayor Tecklenburg says will improve mobility for thousands of people, especially in the highly populated medical district.

“It is a mobility piece for our city and it’s going to take cars off the road. It will also provide a remarkable recreation and quality of life addition,” says Mayor Tecklenburg.

The projects are expected to cost around $41 million in total and city leaders expect the project to be completed by 2026.

CREC Real Estate and Rincon Capital Partners Acquire Planters Trace Apartments

Upgrades Planned for Charleston-Area Multifamily Rental CommunityCOLUMBUS, Ohio, May 9, 2022 /PRNewswire/ -- CREC Real Estate, LLC ("CREC") and Rincon Capital Partners ("Rincon") today announced they have jointly acquired Planters Trace Apartments ("Planters Trace"), a 96-unit, Class B multifamily community located in West Ashley, a thriving neighborhood of Charleston, South Carolina. Terms of the transaction were not disclosed.With more than $1 billion of real estate assets under management...

Upgrades Planned for Charleston-Area Multifamily Rental Community

COLUMBUS, Ohio, May 9, 2022 /PRNewswire/ -- CREC Real Estate, LLC ("CREC") and Rincon Capital Partners ("Rincon") today announced they have jointly acquired Planters Trace Apartments ("Planters Trace"), a 96-unit, Class B multifamily community located in West Ashley, a thriving neighborhood of Charleston, South Carolina. Terms of the transaction were not disclosed.

With more than $1 billion of real estate assets under management, CREC specializes in multifamily real estate investments in top-performing secondary cities throughout the United States. In addition to Planters Trace, CREC has recently acquired multifamily properties in Phoenix, Arizona and Dallas, Texas.

CREC plans to invest $2.8 million in value-add renovations to update common areas, amenities, and unit interiors, bringing the property on par with nearby recently repositioned residential communities.

The 10.6-acre property, built in 1974 and located at 2222 Ashley River Road, has convenient access to nearby jobs, retail and entertainment. The city of Charleston boasts a diversified economy with dynamic job growth and a low unemployment rate (2.9% as of December 2021, according to the Bureau of Labor Statistics). The state is known for business-friendly policies, and the city and region benefit from the vibrant Port of Charleston as well as a diversified economy that includes technology, aerospace, and automotive manufacturing. The West Ashley submarket maintained a 96.6% average occupancy rate throughout the third quarter of 2021, the second highest in the Charleston market, according to RealPage.

"The area around Charleston is seeing a demand for quality apartment housing, and hiring and investment trends point to that need remaining strong for the foreseeable future," said Aaron Dixon, President of CREC. "CREC sees an important value-add opportunity at Planters Trace, and we believe that this community has the potential to become a market-leading multifamily option for the growing number of residents in the Charleston area."

Mr. Dixon added, "CREC continues to focus on value-add acquisition opportunities within cities exhibiting strong demographic and fundamental characteristics, in terms of population growth, employment growth and a diversified employer base. Over the past 18 months, CREC has invested in excess of $200 million of transaction volume with a robust pipeline of future opportunities. Our firm's investment strategy focuses on enhancements to the marketability of the property through targeted capital improvements, which we believe will be well received by existing and prospective residents."

ABOUT CRECCREC Real Estate, LLC (CREC) is a private equity real estate investment firm. Based in Columbus, Ohio, the firm sponsors real estate investments through its private fund and private placement offerings and has more than $1 billion of real estate assets under management. Employing a value-add strategy, the firm specializes in multifamily investment in secondary cities throughout the United States. Since CREC's inception in 2001, it has closed on 58 investments across 19 states.

ContactCaroline LuzLambert203-656-2829cluz@lambert.com

SOURCE CREC Real Estate, LLC

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