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New California Portfolio

Marlton, NJ (PRWEB) May 11, 2011

City, state, and federal officials joined The Michaels Organization yesterday to mark the grand “reopening” of Lindsay Apartments, an affordable apartment community serving very low-income families in rural Tulare County, California. The complete revitalization of Lindsay Apartments, which was built in 1976, also marks the first rehabilitation effort by The Michaels Organization of a property in its newly acquired portfolio of affordable apartment assets in California.

“We are grateful to the city and state officials, as well as to the U.S. Department of Agriculture for their tremendous support,” said Michael Boettger, the Michaels Development Company vice president who led the rehabilitation effort. “We are very proud that we have been able to modernize and improve Lindsay Apartments, and to ensure that the community will remain as affordable housing for decades to come,” Boettger said.

Michaels Development and its sister company, Interstate Realty Management, are part of , ,27762,45406,24828,99664,33886,29757,41768,67457,77407,91960,83799,80419,23505,63053,62703,36924,72717,81798,20039,38726,24965,72882,33425,94874,16312,31787,76331,62157,91089,51706,33537,15299,15306,15070,22178,27396,52881,48601,93726,38399,20669,37346,74670,73089,39527,58575,20229,31528,62243,28003,58205,90756,51173,78062,63125,33600,86861,88015,65869,96511,95569,27344,66439,76765,73697,55855,47490,47419,83122,53775,81191,70020,31305,61980,86449,54530,31948,62323,55052,71008,99239,27495,67331,50388,23013,10380,48426,72703,71456,88414,86311,45630,11838,27344,51356,90349,69759,42520,68145,91872,97294,51051,45232,45959,68266,73896,86784,15477,23017,75997,48305,43656,53405,65748,34958,70740,71508,62545,70572,49706,53413,10881,74201,35596,71179,50711,88842,98729,80025,99854,87828,98138,67072,55449,22211,71079,32334,27983,63067,37599,45969,70154,54481,32216,20335,35535,80903,15079,80926,64119,88790,75359,19993,44635,91783,37971,95867,22791,20280,34424,85075,20569,98860,65173,78928,86053,73557,19539,61742,79526,87130,68270,10679,98765,66514,91312,18079,80634,29582,26671,69600,13974,71729,26854,72839,48717,96397,71544,88566,80874,97901,96626,15169,41890,93120,13917,34229,91614,91608,84949,71864,35093,16506,92750,29774,72332,93441,67784,16856,41367,22617,79705,80725,41885,38732,85031,88018,96203,68311,96322,22949,75538,10767,93214,37325,79310,31895,66400,71578,68590,29674,18788,40800,29405,17395,91445,31053,43629,12599,39705,35685,28882,66879,27154,94308,50617,78661,75645,11535,69901,84903,47821,82841,67377,26677,89343,79923,15753,13206,27148,19273,53217,69478,53993,77184,54027,17704,14461,93891,78317,93225,83884,63507,14231,13212,98715,12351,85588,35541,21187,40614,30813,47772,48662,66435,46448,93390,77026,19347,98256,79825,35089,81140,69563,39745,25244,41592,59851,62157,30798,56802,45263,15728,40067,24637,64617,85157,60083,53184,60002,14753,11156,75765,97473,20435,48062,48255,60258,86446,27623,86694,21948,74932,33795,68044,98671,95147,31132,52076,85190,25462,12527,44863,77445,22077,74666,86718,17958,78270,31578,42647,35034,88869,29563,39056,27230,10093,32810,42668,99006,69842,86025,41177,95388,94852,17953,67935,91940,44456,39820,13129,44422,24702,94726,10466,72884,31354,90796,34493,49432,57163,92449,72845,68268,97448,34099,87873,24859,23297,22981,97693,60160,66500,17973,32941,44699,34201,74561,33481,46029,95750,24427,14420,92694,31685,31991,90974,64345,90626,97835,72007,77966,53312,37851,61650,36476,35590,12743,78821,69087,95859,50791,92040,70071,74219,97390,29366,13414,98393,19323,72644,74851,37592,52957,91567,33197,54776,89256,34372,65469,92987,29633,94083,67449,23918,33051,33406,58225,53060,38541,73029,96385,88803,36710,43080,72245,13211,35066,89322,94245,34577,98848,87293,97027,17945,49331,54754,84978,11539,30264,57513,77653,60674,41238,82290,86363,85528,31122,41451,39634,42758,65336,48192,36009,25519,37801,46031,74518,59285,13495,64729,91276,86686,65338,20368,80377,57086,29107,17282,88749,62024,15920,31937,56925,90469,48634,79329,88822,97451,36085

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