PrivCap Adds 249-unit Tulsa Portfolio
March 1, 2018 –PrivCap closed on a 249-unit multifamily portfolio in Tulsa, OK adding to its portfolio in the city. The distressed portfolio is currently less than 60% occupied and has a number of outstanding violations. Total capital raise for the deal was $2mil which includes the necessary funds to make the appropriate capital improvements to the property, to remove the violations, renovate unit interiors, increase occupancy and turnaround the overall property. PrivCap proj
Hollywood’s Big Moment
A wave of projects sees this once-quiet area filling up with hotels and new housing, but amassing land for redevelopment remains a challenge. Tucked between South Florida’s two biggest cities, Hollywood is getting the type of large-scale real estate developments that have reshaped Fort Lauderdale and Miami. And while many of Hollywood’s biggest projects unfold along the city’s oceanfront, in the last year or so several major projects have emerged farther inland. Hollywood has
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