Metonic Real Estate Solutions

We are proud to share the successful sale of Latitude 41 in Bellevue, Nebraska, marking Metonic’s first fully realized investment cycle for a project delivered by our in-house Apogee Development team.

Latitude 41 was originally underwritten to deliver strong, risk-adjusted returns. Through disciplined ex*****on across development, operations, and asset management, the investment ultimately outperformed our original underwriting expectations, creating an exceptional outcome for our investor partners.

This project represents the full strength of Metonic’s vertically integrated platform from capital formation and underwriting to development, asset management, and disposition. Seeing that full cycle come together successfully is a meaningful milestone for our team.

Most importantly, this success is the result of incredible collaboration. We are grateful to our investors, development partners, and the talented Metonic team who made this possible.

Earlier this quarter, Metonic acquired two apartment communities in the supply-constrained Columbus, NE, submarket. Acquired in part through a 1031 exchange, Northside Square and Lakeview Apartments offer 172 apartment homes near opportunities in the medical, agricultural, and manufacturing industries.

Metonic plans to leverage our extensive experience in performing capital-expenditure work in tertiary markets to strategically renovate both communities, adding value for both investors and residents.