The Philadelphia investment manager bought the complex on behalf of its Equus Investment Partnership XI LP fund, which has raised $387.8 million of equity commitments since 2016.
Lynd Co. has paid $84 million, or $122,807/unit, for two apartment properties with a total of 684 units in suburban Houston. The San Antonio apartment owner bought the two properties - the 372-unit Paramount at Kingwood in Humble, Texas, and ...
Equus Capital Partners has paid $53.25 million, or $166,406/unit, for Parkway on Westlake, a 320-unit apartment property in Humble, Texas. The Philadelphia investment manager bought the complex on behalf of its Equus Investment Partnership XI LP fund, which has raised $387.8 ...
As part of its acquisition, the Tampa, Fla., investment manager assumed a $21.7 million Fannie Mae loan that KeyBank had provided. The loan matures in July 2025.
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