Valencia Grove Apartments was the third acquisition for Bodka in 2021. It makes Bodka Creek the largest Black woman-owned private equity firm in the U.S.
/PRNewswire/ Diversified Lending Solutions (DLS) has secured $37.2 million to fund the acquisition of Valencia Grove, a 460-unit multifamily community in.
HOUSTON, TX - Bodka Creek Capital has acquired Terraces Apartments, a 240-Unit Class C Multifamily Complex in Texas City, Texas, for $17.6 million, marking the Houston-based real estate firm s continued expansion.
Terraces@2602 is the first acquisition for Bodka in 2021, following the close of two complexes in 2020. Bodka currently manages a $24 million commercial real estate portfolio with over 300 multifamily units totally nearly 300,000-square feet. The acquisition positions Bodka as the largest African American Woman owned real estate investment firm in Texasand among the Top 3 nationwide. The firm will pursue increasingly larger value-add opportunities across the Southeast with a Texas emphasis.
Located at 2602 21st Street N, the 164,614-square foot Terraces@2602 was 99 percent leased at closing. The property, one of the most desired in Texas City, features two sparkling swimming pools, onsite laundry facilities, a resident dog park, and reserved parking. With
Bodka Creek Capital acquires Houston MSA Multifamily Apartment Complex for $17 6M yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.