realestate

Apartments command record price in region's biggest 2025 deal

Greater Cincinnati apartment complex sold by developer to California firm in region's biggest deal of the year.

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rlington Properties, a Birmingham‑based developer, sold its 265‑unit Velo Riverside complex in Dayton, Kentucky, for over $76 million in late November— the largest publicly disclosed real‑estate transaction in Greater Cincinnati in 2025. Completed in 2024, the market‑rate community occupies 11.5 acres along the Ohio River’s southern bank, just behind Manhattan Harbor’s marina. The sale marks the biggest transfer in the region this year.

Record‑priced apartments sold in region's biggest 2025 deal.