Former Bengals star invests $25M in Cincinnati apartments

One of the Cincinnati Bengals' all-time leading scorers intends to invest more than $25 million in a multifamily housing portfolio project across Greater Cincinnati.

Blue Tide Partners, a Covington-based real estate investment firm founded by Tom Miller and Doug Pelfrey, a Bengals placekicker from 1993 to 1999, recently received a $25 million bridge loan from Columbia Pacific Advisors LLC, a Seattle-based investment services company.

The funding will enable Blue Tide Partners to acquire a nine-property,…

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