10/20/2026
River Caddis Group is proud to announce the acquisition of Ridge 45. That's 484 homes in Traverse City, MI, that will stay attainable for the people who live there today, and the ones who will move in next. Over the coming months, we’ll be putting meaningful capital investment into the property, including energy-saving upgrades, so residents have a better place to live without being priced out of it.
None of this happens without trust and the right partners with the same mission as ours. Thank you to The Community Preservation Corporation and Freddie Mac, Haven Capital, our JV partners at RMP Investments, Garfield Township, Cinnaire, and our Investor Sponsors for helping to finance this important acquisition.
Preserving attainable housing isn’t flashy work. It takes grit through the headwinds, patient mission-minded capital, good local partners, and a long view.