Moraine Apartments Sold to Private Developer

Summary


93-year-old building was once a hotel, hangout for show people in 1940s

DAYTON - The Moraine Apartments building has been sold to a private developer, Rain and Associates, by the city of Dayton after attempts failed to have the building renovated by two nonprofit groups.

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Extract


Moraine Apartments Sold to Private Developer

Rain and Associates is headed by developer Bill Rain and has converted several smaller downtown buildings into market-rate loft apartments...

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