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 are projecting."
The acquisition increases PrivCap Holdings portfolio to over 4,000 multifamily units.