The loan for Storehouse Lofts initially fell delinquent in January 2025 and has moved to the 90-day category as of August.
Jordan Kobert, senior managing director for digital technologies, says the site can easily adapt as AI evolves.
With the purchase, Yugo gains 40,000 beds across 88 properties in 28 states and a base for future growth.
Developments near public transit can reduce the amount of off-street parking by up to 100% without administrative approval.