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Cazador Investments Acquires Three Properties Across California & Utah Totaling $18 Million
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DEL MAR, Calif., June 4, 2021 /PRNewswire/ Cazador Investments, LLC (Cazador), a California-based private equity real estate investor and operator, has closed on three multifamily acquisitions across the western states of California and Utah over the last six months.
Terrace Towers (41 units - Hayward, CA) was 48% occupied at time of acquisition in May 2021.
Hunter Beaumont, President of Cazador, stated that each of these deals was a situational opportunity where we took advantage of some Covid-related uncertainty and secured deals at attractive pricing. We continue to fly under the radar of the institutional buyers and are very happy owning and operating multifamily assets in the 20–100 unit range.