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TULSA, OK - Elkhorn Capital Partners, one of Oklahoma City s largest multifamily investment firms, expanded its commitment to the state with the acquisition of three separate Tulsa multifamily communities during December, totaling $22.4 million. In aggregate, this adds 505 units to Elkhorn s growing portfolio in the region, which now includes twelve multifamily communities within the Oklahoma City and Tulsa MSA. The three acquisitions included a heavily distressed Freddie Mac foreclosure. ....
/PRNewswire/ Elkhorn Capital Partners, one of Oklahoma City s largest multifamily investment firms, expanded its commitment to the state with the. ....
Renters struggled in 2020, but in the Oklahoma City area they mostly kept their rent paid up, and it shows in the apartment sales data for the year. As "difficult and unpredictable" as it was, "the roller coaster ride may have been more emotional than financial," said Mike Buhl, broker-owner of multifamily property brokerage Commercial Realty Resources Co. in Norman. "The effects of COVID‐19 on the multifamily sector have so far proven to be more of an interruption than a trend. . Renters have prioritized rent payments." Collections were largely unfazed, and rents are on the rise. Occupancies remain firm. ....