Hawthorne
Project

The Hawthorne Project was an underperforming five-unit multifamily development in the Community Heights neighborhood of Indianapolis. Cohen Property Group identified the asset as a value-add opportunity — purchasing it at a price that reflected its operational deficiencies, then executing a stabilization plan to increase occupancy and improve cash flow.

After two years of active asset management and operations, the property was resold to another investor at a higher stabilized valuation. This project demonstrates CPG's full value-add cycle: acquisition, stabilization, operations, and investor exit — one of the core disciplines of the firm's investment strategy.