The Meadows

Ventura Enterprises purchased The Meadows apartment complex in 2006 for $20 million, completing the 256-unit condominium conversion by 2007. Condominiums have been sold individually for a total of $35 million with an additional $2 million renovation expenditure resulting in a $13 million profit. Ventura held the property for 18 months before selling the remaining units in March 2011.