Multiversity Housing Partners Acquires A Two-Property Portfolio In Pittsburgh'S Historic South Side Neighborhood

MultiVersity Housing Partners ("MVHP") has recently acquired The Revival on Carson portfolio. The Revival on Carson is a 47-unit, class A+ conventional housing portfolio consisting of two properties known as The Maul and Nakama buildings. The assets are in one of the city's most in-demand neighborhoods, Southside. The properties total approximately 12,750 SF of first-floor retail. These properties have corner frontage on Carson Street which is a historically high foot and automobile traffic area. This core location has attracted long-term retail tenants that have occupied the first-floor retail space for more than 10 years. Not only are the assets located in core locations, but they have undergone complete renovations while maintaining the 1900's-built historical integrity. These renovations include high-end finishes that enable the properties to achieve premium rental rates.