Founded in Detroit in 1919, Joseph Holtzman Homes began the 100-year legacy. In 1931, the 2nd generation, Irwin T. Holtzman and David B. Holtzman began Holtzman and Silverman. Village Green Apartments/ Management was formed in 1968 and operated 45,000 apartments. Village Green Management was sold in 2016 by the 3rd generation owner, Jonathan Holtzman. City Club Apartments founded by Jonathan Holtzman and Canadian partner Alan Greenburg in 2016. City Club Apartments the first international apartment brand. City Club Apartments owner, developer and manager of apartment, furnished short-term and penthouse mixed-use communities with a portfolio of approximately 10,000 apartments in 30 urban and suburban-urban apartment communities, $2 billion in real estate assets and $500 million under development/ construction throughout the Midwest and the East Coast. City Club Apartments is a disruptive company with five guiding principles that include customer centric; design driven; unparalleled amenities; green and social responsibility; and leading technology. cityclubapartments.com

CBD Detroit City Club Apartments:

• Built on the site of the historic Statler Hotel, City Club Apartments Detroit is the first ground-up, mixed use, conventionally financed high-rise under construction in Detroit's central business district in the last 30 years. 
• CCA CBD Detroit began construction in the 4th quarter 2017 and will open 1st quarter 2019. Pre-leasing will begin 3rd quarter 2018. 
• The property will feature 288 studio, convertible, one-, two- and three-bedroom apartments, townhomes and penthouses with four custom finish packages. Community employs green initiatives and offers fiber optic connectivity. 
• Exclusive amenities include a 24-hour concierge, valet underground parking, private park with zen garden, wellness room, indoor/ outdoor pool, theater, indoor/ outdoor entertainment clubroom. 
• City Club Apartments Detroit has 12,000+ square feet of retail including restaurant with outdoor dining, a gourmet market and pet store. 
• Land acquisition of three separate parcels totaling 1.7 acres occurred in June 2017 for a total land cost of $11,632 per unit or $3,350,000. Parcels were acquired from the City/DDA, Detroit Transportation Corporation and private land  owner. 
• Development Costs anticipated to be $78.6MM, or $238,192 per apartment, net of $35,000 per parking space, yielding a 10-year aver¬age yield on cost of 8.33% 
• CCA CBD Detroit average rent will be $2.61 per/ sq.ft with an average apartment size of 731 sq.ft.

Detroit City Club Apartments:

• Initially acquired in 1996 for and later recapitalized in July 2011, Detroit City Club Apartments was successfully repositioned after being fully renovated over multiple phases at a combined project cost of $21.7MM ($62K/unit).
• Original acquisition's rent was .96 cents per square foot with an average apartment size of 869 square feet. Today Detroit City Club Apartments has a $75MM value and average rent is $1.75 per square foot.
• The property is located in the heart of the Detroit Theatre District adjacent to "The District" home to Detroit's four major sports teams. Average in-place rents at the time of acquisition were $912/unit. Today post-renovation, the property is 95% occupied with average rents of $1,497. 
• Detroit City Club features 351 mixed-use apartments and penthouses. The property has two bedroom floor plans with three custom finish packages. Community employs green initiatives and offers fiber optic connectivity. 
• Exclusive amenities include a Sky Park, which features an outdoor pool, gourmet kitchen, fire pit, sports court, bark park and incredible views of Downtown and Comerica Park. The property also has a rooftop Sky Club, 24-hour concierge, market, retail, and parking garage.

Renaissance City Club Apartments:

• Acquired in March 2013 for $31 MM ($91,716/unit), Renaissance City Club Apartments was successfully repositioned after being fully renovated at a project cost of $4.8MM ($14,235/unit)
• Today Renaissance City Club Apartments is valued at $75MM. Rents were originally $1.03 per square foot and are now $1.59 per square foot with an average apartment size of 1,058 per square foot.
• The property has direct access to the Millender Center and People Mover station and is located across the street from the Renaissance Center. Average in-place rents at the time of acquisition were $1,095 /unit. Today post-renovation, the property is 97% occupied with average rents of $1,645.
• Renaissance City Club features 338 mixed-use apartments and penthouses. The property showcases one and two bedroom floor plans with three custom finish packages. Community employs green initiatives and offers fiber optic connectivity. 
• Exclusive amenities include a rooftop Sky Club features views of Downtown Detroit, Detroit River, and Canada. The property also has a 24-hour full service concierge, indoor swimming pool and spa and fitness center, a gourmet market, and parking.