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| Villagio Apartments, Near Texas State University campus in San Marcos, TX |
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| John Price |
San Marcos, TX (June 30,
2016) – 29th Street Capital (29SC), a privately-held real estate investment and
advisory firm, has acquired The Villagio
Apartments, a 180-unit, 492-bed luxury student housing community near Texas
State University (TSU) in San Marcos,
Texas. 29SC’s strategy is to invest $2
million to significantly upgrade the apartment interiors, exteriors and already
top-tier amenities.
“The Villagio represents
the first step in the exciting expansion of 29SC’s very successful multifamily
business model into its newly-formed student housing platform,” said John Price, Ph.D., Senior Vice
President with 29th Street.
“This acquisition represents a unique
opportunity to add value for both our investors and the residents through
repositioning and substantial renovating the community. Upon completion, The
Villagio will provide the highest quality student housing experience in the
competitive San Marcos market.”
For a complete copy of the company’s news release, please
contact:
Terri Thornton
Partner, Thornton
Communications
p:404-932-4347 |
e:Terri@TerriThornton.com | w:www.TerriThornton.com
http://www.facebook.com/pages/Thornton-Communications/112101288827299
http://twitter.com/Ttho http://www.linkedin.com/in/TerriThornton
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