Acquisitions JVM Acquires Prairie Lakes Apartments Noblesville Indiana December 19, 2013

Noblesville Indiana December 20, 2013: Oak Brook Illinois based Real Estate Investment and Property Management firm, JVM Realty Corporation, announced the purchase of Prairie Lakes Apartment Homes in Noblesville Indiana. Prairie Lakes is a 402 unit apartment community that was built in2009-2010. Prairie Lakes offers one hundred and sixty eight one bedroom one bath, forty eight two bedroom one bath, one hundred and sixty two bedroom two bath, and thirty two three bedroom two bath luxury apartment homes in seven spacious floor plans. The community offers two distinctive finish levels for residents to choose from. One finish level, called the Retreat Series features built in wine refrigerators and stainless steel appliances. The Cottage Series includes built in wine racks and black appliances. Each series comes with design options such as Maple or Cherry cabinets, light or medium wood look flooring and Moen plumbing fixtures and designer lighting packages. All apartment homes have high ceilings, arched doorways, and are equipped with full size washer/dryers. Several apartment homes feature direct access garages. Popular amenities include a twenty four hour fitness center, club center with a business center, conference room, and resident café with Wii. The private salt water swimming pool is a favorite among residents and rivals resorts. There is a covered outdoor grilling station, and fire pit. Prairie Lakes is also a pet friendly community, with no weight restrictions on pets. There are breed restrictions. The Prairie Lakes acquisition brings the JVM Realty Corporation portfolio size to one thousand eight hundred and fifty total units in the Indianapolis market. JVM Realty Corporation is real estate investment and property management firm that specializes in Midwest multifamily communities.