MC Companies Completes Five Property Sales in Arizona, Texas and Oklahoma
PHOENIX - Dec. 11, 2018 - PRLog -- MC Companies has successfully executed five multifamily property sales in Arizona, Texas and Oklahoma. The total sales consisted of 1,461 units with 945 units focused in Tucson Arizona, 308 units in Baytown Texas, and 208 units in Tulsa Oklahoma.
MC Companies' eye for acquiring under managed, value-add apartment communities -- paired with their MC Residential in-house management group, created significant value for these properties. While generating substantial returns for shareholders throughout their stewardship, MC Companies has capitalized on current high market rates to produce exceptional returns on investments.
MC Companies' founders and industry experts Ken McElroy and Ross McCallister are returning the company's focus to new acquisitions and development. The duo recently launched the brand new 202-unit luxury apartment community, The Place at Sonoran Trails, in Phoenix, AZ. Their most recent development, The Place at Riverwalk, is slated to launch in April 2019 in Tucson, AZ. The brand-new luxury apartment community will feature 210-unit, urban-suburban style apartment homes, promote healthy lifestyles and be a 100% smoke free community.
About MC Companies: MC Companies is a real estate investment, development, construction, and management company specializing in the multifamily properties and commercial markets. MC Companies has completed over $500 million in multi-family and commercial value-added transactions since 1985.