Another hit in Houston
PrivCap Holdings sold Emerald Pointe Apartments in Houston, TX generating 32.46% IRR for investors. This is PrivCap’s second hit in Houston as that market has fared well for the company. Following Hurricane Harvey this past summer, many ground floor apartments suffered water damage. A local buyer viewed it as an opportunity to upgrade the units taking advantage of a strong rental market with many homes and apartments vacated from the storm. With the looming insurance claim an
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