The Arbor Place Apartments is a 136-unit garden-style multifamily community in Terrytown, Louisiana, positioned just minutes from downtown New Orleans within the stable, well-established West Bank submarket. The property spans 19 buildings of uniform, two-bedroom, one-bathroom units, a consistent and highly efficient floor plan that simplifies operations, renovation execution, and turnover while appealing directly to the family and workforce renter base that drives demand in this market. The unit base is evenly split between apartments reserved for households earning up to 60% of Area Median Income and unrestricted market-rate units.​

Since acquiring the property in March 2025, VPG has invested across every major component of the asset, from the leasing office and unit interiors to building exteriors and core infrastructure. That work culminated in full stabilization by Q1 2026, delivering the business plan on schedule and cementing Arbor Place as a high-quality mixed-income asset. Its performance underscores VPG's proven capability to source, reposition, and stabilize multifamily communities across the Greater New Orleans market.​