Out of that $ 2.25 M, $ 750k was recycled money from
earlier apartment acquisitions so the gain is closer to 150 %.
Not exact matches
Earlier this week, Hunt Mortgage Group provided a $ 5.9 million loan through Fannie Mae's Green Rewards program for the
acquisition of Huntington
Apartments in Anderson, S.C.
One month
earlier, MIG Residential Real Estate Investment Trust made its first
acquisition, a 186 - unit
apartment complex in Atlanta.
Montclaire Estates is Blackfin's sixth
acquisition in the last 11 months and complements the company's
earlier acquisitions of Calvert at Quarterfield Station, 203 unit property in Glen Burnie, MD, Pressley South End, a 504 - unit
apartment community in Charlotte, NC, Berkshire 54, a 301 - unit
apartment community in Carrboro, NC, The Bixby, a 128 unit property in Haverhill, MA, and Westborough
Apartments, a 502 - unit
apartment community in Greensboro, NC.
Westborough is Blackfin's fifth
acquisition in the last 7 months and complements the company's
earlier acquisition of Calvert at Quarterfield Station, a 203 — unit, garden style
apartment community in Glen Burnie, MD; Pressley Ridge
Apartments, a 504 unit
apartment property in Charlotte, NC; The Bixby, a 128 unit
apartment property in in Haverhill, MA; and Berkshire Manor East and Berkshire Manor West, a 296 unit property in Carrboro, NC.