Lone Star Capital and Nord Group acquired the communities in Dallas, Austin and San Antonio in separate transactions. Nitya Capital is continuing to sell off its Texas communities with its four latest multifamily property exits.
Nitya Capital Closes Sale of Four Multifamily Properties in Texas rew-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rew-online.com Daily Mail and Mail on Sunday newspapers.
As loans come due, particularly for certain multifamily properties and office buildings, the vultures are starting to circle distressed property in Texas.