Canterbury-Green-Fort-Wayne

Morgan Properties Buys 2,000-Unit Canterbury Green in Fort Wayne

by Lynn Peisner

FORT WAYNE, IND. — Pennsylvania-based Morgan Properties has acquired Canterbury Green, a 1,998-unit community situated across 195 acres in Fort Wayne. The seller was a joint-venture between New York City-based Osso Capital and Philadelphia-based GoldOller Real Estate Investments. CBRE’s Hannah Ott, George Tikijian, Cam Benz, Claire Hassfurther, Ryan Stockamp, Taylor Ford and Sean Pingel represented the seller. GoldOller and Prospect Capital Corp. bought the property from AIMCO Holdings QRS in 2014 for $85.5 million.

The asset, among the larger single-site multifamily communities in the nation, was developed between 1969 and 1978. Amenities include an eight‑hole golf course, multiple pools, a fitness center, coworking space, a theatre room, an on‑site restaurant and lounge, racquetball and tennis courts and several outdoor recreation areas. Floor plans include studios and one-, two- and three-bedroom units offered as apartments, townhomes and single-story homes with garages.

You may also like