PHOENIX, AZ - Affiliates of Harbor Group International, a privately owned international real estate investment and management firm, announced the acquisition of the Colter Park Apartments, a 384-unit multifamily property located in Phoenix, Ariz., for $80.75 million. Steven Vegh of Westwood Realty Associates brokered the off market transaction. Northmarq arranged a Freddie Mac senior loan on behalf of HGI led by Bryan Mummaw.
Located in the Uptown Phoenix submarket, the property is supported.
PHOENIX, AZ - Township Capital and Epic Investment Services announce the acquisition of Urban 188 and Urban 96 (Urban Phoenix), two adjacent residential rental properties in Phoenix, Arizona, as part of Township s GP Value-Add Fund I. The fund aims to acquire garden-style multifamily properties in select markets targeting strong demographics, durable employment, and other value-add characteristics.
This marks the third and fourth acquisitions within the value – add partnership with Epic..
Township Capital Acquires Two Multifamily Properties in Phoenix, Arizona for Value-Add Fund morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.