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Follow on Google News | IHT Capital Advisors Announces Three Multifamily TransactionsApartment Communities in Florida and Alabama Added to Growing Portfolio
By: mbpr IHT Capital Advisors closed on a 231-unit complex In Huntsville, Ala. and two communities in Gainesville, Fla. comprised of 102 and 128 units. “We expect to continue to garner a great deal of interest from investors looking for the higher returns that value-add properties in emerging markets can generate,” noted IHT Capital Advisors’ Principal Dan Summers. “These assets are undergoing capital improvements, including significant rehab, which will allow new management to concentrate on operations and resident retention.” IHT Capital creates investor opportunities in high potential markets in the Southeast. The focus is on value-add, off-market opportunities in emerging and secondary markets for clients. By specializing in market selection, full service capabilities and expertise, IHT Capital Advisors is able to maximize returns on investments. “It’s the possibility of those lucrative returns that is helping to drive a great number of investors into the multifamily market,” added Summers. “With our approach to sourcing off-market deals, expertise and menu of services, we have successfully closed three transactions and have in excess of $90 million under agreement and entering Due Diligence. IHT Capital Advisors has closed over $17 million in multifamily acquisitions in the Southeast since forming in the last five months and is actively working with investors throughout the country and apartment property owners in Florida, Texas, Alabama and Mississippi. The firm was built on three pillars that are the backbone of the company – Integrity, Honesty and Transparency (IHT). For more information visit www.ihtcapital.com or call (904) 738- 8257. End
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