Published 1 month ago

Evolve terminates leases, turns apartments into condos

Summary by Ground News

Evolve Tuscaloosa announced it would be terminating most of its residents' leases for the 2024-25 school year. The apartment complex, which will be renamed to Watercress, plans to renovate many of its apartments and turn them into condominiums. Some residents believe the change is because the complex would be unable to finish renovations before the next leasing term.

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Evolve terminates leases, turns apartments into condos

As the demand for affordable housing for UA students in Tuscaloosa increases, Evolve Tuscaloosa announced that it would be terminating most of its residents’ leases for the 2024-25 school year. The complex, previously owned by Article Student Living, was sold to LRC Commercial in January. According to its website, LRC Commercial “acquires and repositions underperforming Multi-Family and Self-Storage Assets.” The apartment complex, which will b…

1 month ago·Tuscaloosa, United States

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Evolve terminates leases, turns apartments into condos

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Evolve terminates leases, turns apartments into condos

Evolve terminates leases, turns apartments into condos

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