Lake Point Terrace

125-unit apartment community located in Madison, Wisconsin acquired direct from the lender following foreclosure with occupancy below 60%. Ansonia managed the property back to full occupancy and completed a unit renovation program, installed washer/dryers in select floor plans, updated entries and common corridors, implemented energy efficiency upgrades, and addressed significant deferred maintenance. New amenities added included a resident lounge, business center, fitness facility and dog park.