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Josey Place - Carrollton Case Study:

Josey Place was acquired by Stellar in the Fall of 2014.

The Problem: Josey's operating and utility expenses were much higher than market. Also, Josey's market rents were much lower than the competitive set in the submarket.

The Solution: Stellar was able to implement a water conservation system throughout the property by replacing all toilets, faucets and shower heads with low flow highly efficient fixtures. The fixtures were installed in less than two weeks throughout the entire property.