PrivCap Delivers in Dallas

January 17, 2018

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 code, we envision continued growth and demand in both the Texas and
Florida markets.”


PrivCap acquired the 104 unit property along with partner, Code Capital, in June
2016 for $3.55mil and sold the property for $6.45mil to a local Texas investor.
PrivCap continues to seek value add opportunities in the Texas market.

 

 

 

Please reload

Recent Posts

April 24, 2019

October 17, 2018

February 23, 2018

Please reload

Archive
Please reload

© 2019-2020 by PrivCap Companies