Medical Maneuver
PrivCap continues to focus on and expand its medical office portfolio with the acquisition of two properties in Georgia. In November, PrivCap acquired Windy Hill Pavilion, a 90,000 SF medical office building in Marietta, GA. This past month, PrivCap acquired Timber Ridge Center, a 44,500 SF medical office building. Both properties are in close proximity to WellStar HealthCare hospitals and surgical centers. WellStar is the largest and most successful healthcare system in Geor
Jumping to Jacksonville
PrivCap Holdings closed on Beauclerc Bay Apartments, a 106-unit residential apartment community in Jacksonville, FL. The rear portion of the property sits on the bay and had extensive water damage during Hurricane Irma, making 24 units uninhabitable. The property is located on San Jose Boulevard in the Mandarin section of Jacksonville, a desirable suburban area in Jacksonville. The below market price along with the renovations and planned capital improvements create the value
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