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CAPREIT Assumes Management of Affordable Housing in Upstate NY

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CAPREIT, which owns and manages more than $5 billion of multifamily assets, has assumed management of Rochester Highlands, a 504-unit affordable apartment community in Rochester, N.Y. The community is at 47 Green Knolls Dr., across from CityGate, a recently developed 45-acre mixed-use property.

Rochester Highlands consists of studios and one-, two- and three-bedroom units ranging from 451 square feet to 875 square feet. Apartment interiors feature cable-ready setups, linen closets and ceiling fans. Common amenities include community clubhouse, laundry facilities and playground.

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