PrivCap Sells 196 units in Columbus; Investors Net 41% IRR
PrivCap Holdings, a subsidiary of Boca Raton based PrivCap Companies, successfully sold Aspen Place Apartments in Columbus, OH (PrivCap Buckeyes) yesterday, netting investors a 41% IRR over 22 months. PrivCap Holdings continues to generate high yielding multifamily investment opportunities for investors utilizing a specific model and value add strategy.
PrivCap Acquires 160 units in Tulsa, OK
PrivCap Holdings, a subsidiary of Boca Raton based PrivCap Companies, acquired Addison Apartments, a 160 unit complex in Tulsa, OK, further adding to its growing multifamily portfolio. PrivCap CEO, Donny Cohen, commented that "Oklahoma continues to be a strong market for our specific strategy and this complex fits our model perfectly. Our Oklahoma based team is excited to get to work and begin implementing our specific plan of action for the complex to generate the returns we