News
October 27, 2025
CRG Residential is marking a major milestone with the $134 million sale of two new Class A communities in Indiana — showcasing the company’s continued success in multifamily development and investment.
CRG Residential has finalized the $134 million sale of two Class A multifamily communities in Bloomington and Greenwood, marking an important milestone for the company and its investment partners.
The transactions include:
- Hayden Flats in Bloomington, Ind., a 298-unit property completed in 2024 and sold for $68 million.
- Flats at Stones Crossing in Greenwood, Ind., a 292-unit property completed in 2024 and sold for $66 million.
“These transactions represent successful full-cycle investments for CRG and our partners,” CRG Residential CEO Christopher Reid said. “Our team remains focused on developing high-quality communities that meet market demand and deliver strong performance for our investors.”
The sales highlight CRG Residential’s proven track record of executing full-cycle real estate investments that exceed expectations through changing economic conditions. The company’s consistent results reflect more than three decades of multifamily experience, a selective approach to identifying opportunities, and disciplined execution from start to finish.
CRG Residential has developed more than 5,300 units across the Midwest and Mid-South.
