PrivCap Holdings acquired Edinborough Apartments on March 31, 2020 amidst the craziness of the ongoing pandemic. The 55+ apartment community consists of 128 units and has had historically strong occupancy. Constructed in the 1960’s, the property has been very well maintained and many of the units have been renovated and updated. Asking rents were lagging the market and in-place rents were much further behind creating a low-cost value add opportunity for PrivCap. Long term fix

PrivCap Holdings, a Boca Raton based real estate investment firm, announced today its successful acquisition of Spanish Cove Apartments in St. Louis, MO (PrivCap Cardinals). The 787-unit apartment community is primed for growth as the majority of apartments are renovated and upgraded. The acquisition represents PrivCap’s entry into the Missouri market with the property size allowing for immediate economies of scale for the company. PrivCap Holdings acquires multifamily commun

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

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

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

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

January 12, 2018- PrivCap Holdings sold Wynnewood Gardens in Dallas, TX generating a 59% IRR to investors over a nineteen-month investment hold. “The Texas market is on fire and thankfully, as a company, we had the foresight to invest in the market a few years ago. This sale and the realized returns reflect the tremendous market appreciation in Dallas and the value of our remaining Texas portfolio”, commented PrivCap CEO, Donny Cohen. “With the recent changes in the tax c