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| Mark Briggs |
MIAMI, FL - Atlantic|Pacific Companies (A|P) continues to
strategically expand its national footprint with the acquisition of six Class A
multifamily communities (totaling 1,941 units) located in the desirable
investment markets of Georgia and Texas.
The total acquisition cost of the portfolio is in excess of
$200 million.
This investment increases A|P’s holdings in Georgia to over
2,600 units in ten communities while increasing its Texas investment to over
2,300 units in seven communities.
This marks A|P’s
first investment within the Houston, TX market, complementing its existing
holdings in Dallas, Austin and San Marcos, TX.
Mark Briggs,
Senior Managing Director at A|P Management remarked “A|P is extremely excited
to add these quality assets to its growing portfolio. A|P continues its smart growth with over 5,500 units now acquired
within the past three years.”
 |
| Gil Hermon |
Gil Hermon, Managing Partner at Blue Arch Advisors
remarked “we are pleased to purchase such a quality portfolio in partnership
with A|P.”
For more information about A|P Management and its property
services, visit www.apmanagement.net or
call (800) 918 – 1145.
For a complete
copy of the company’s news release, please contact:
Jessica Wade Pfeffer | Jessica Wade Inc.
jessica@jessicawadeinc.com
| 305.804.8424
Margie Sernik |
Jessica Wade Inc.
margie@jessicawadein.com
| 786.200.2516
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