What is Millennia, the sprawling Cleveland-based company whose owner was raided by feds?

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The home of Frank Sinito, the CEO of Millennia, was raided by federal authorities earlier this week. Here is what to know about the company he leads.

CLEVELAND, Ohio – When federal agents descended on the home of Millennia Companies owner Frank Sinito early Wednesday, it sparked the latest in a series of negative headlines for the Cleveland-based company.

Sinito was not arrested on Wednesday and federal officials have not commented on the investigation. His attorney, Marisa Darden, said Sinito and the company are cooperating with investigators and that no formal charges have been filed. , including low-income housing, apartments for seniors and market-rate apartments. Some of those include: Fairfax Homes, 75 Public Square, The Garfield, Langston Commons, The Statler, Rainbow Place Apartments, Lexington Village, Kingsbury Tower, among many others, according to its website.

Though its corporate holdings are the company’s most recognizable assets, the majority of public criticism against Millennia comes from the residents who live in the affordable housing buildings it owns.Millennia in recent years, however, drew criticism from national housing advocates and those who live in the company’s apartments, particularly the low-income buildings.

 

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