In May 2019, we became a proud partner in this 243 unit apartment complex in the Southeast region of the USA. This property offer a very competitive product in the market and is consistent with our investment thesis: safe, clean and affordable workforce housing. Incredible value add and stabilized asset with excellent long-term agency debt terms.
Very excited to announce our partnership on this 529 unit apartment community in the Southwest region of the USA. We anticipate closing on this deal in December 2019. Due to a robust local economy and rapid job expansion, there is a huge shortage of affordable workforce housing in this community. This apartment complex has been institutionally owned since construction. While starting with a high quality asset, post closing, massive interior renovations will begin. The purpose is to provide the residents the amenities and finishes that today’s residents expect.
Welcome to Atlanta suburbs! Pleased to become a partner on this 412-unit property built between 1996-1999. Strong institutional quality asset offering a high quality lifestyle for its residents.
