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lou-Village-Green-800-building-arrasmith-louisville The vision for 800 Tower City Apartments in Louisville, KY.

DETROIT—Jonathan Holtzman has just sold his interest in Village Green Holding to Dallas-based Compatriot Capital, Inc. and stepped down as long-term chairman and chief executive officer of the company. But he has not withdrawn from the world of commercial real estate. In fact, as part of this deal, he kept a majority of the company’s existing, in development and under construction assets, and has founded City Club Apartments, a new company and brand, to complete these projects.

“This transaction allows me to shift my primary focus from operations to real estate and innovation and I am already off and running,” says Holtzman.

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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