Fawn Lake Apartments is a 288-unit garden apartment and townhouse property located in Olmsted Falls, Ohio, a southwestern suburb of Cleveland. Olmsted Falls continues to be a suburb of choice for those working both in downtown Cleveland as well as those working in the surrounding suburbs with outstanding public schools and a well-preserved small town atmosphere close to all major interstates and the regional mall. Fawn Lake was developed in the 1970's with a campus-like setting including a lake, clubhouse, tennis courts and playgrounds. Fawn Lake offers residents a unique opportunity to live in a true country-like setting close to major retail centers, services and employment opportunities. DBC Real Estate Management led the acquisition of Fawn Lake in 2010 recognizing the continuing attraction of Olmsted Falls for renters wanting to locate close to regional employment opportunities combined with a short commuting distance to downtown Cleveland. Since acquisition of the property, DBC has implemented a plan to "rebrand" the property to further strengthen Fawn Lake's market share by undertaking major upgrades and renovations and restructuring management procedures, both measures intended to improve the quality of resident life. These efforts have resulted in strong occupancy, retention and rental rate as Fawn Lake continues to be one of the strongest performing apartment properties in the market.
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