Castlewood Apartments Acquired by Dominium

Property News

MINNEAPOLIS – Dominium, a leading apartment development and management company, today announced the acquisition of Castlewood Apartments in Davenport, Iowa.

The affordable housing complex, built in 1980, has 96 apartments and townhomes. Dominium acquired the Section 8 property from Aimco in December 2011. The property previously went through the U.S. Department of Housing and Urban Development’s mark-to-market program.

“Castlewood Apartments is an excellent family community offering both apartments and townhomes in the Quad Cities,” said Jeff Huggett, vice president and project partner for Dominium. “We’re excited to add this property to Dominium’s strong Iowa portfolio.”