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Denver firm's Honey of a dealDenver firm's Honey of a dealhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=155112017-01-03T06:00:00Z2017-01-03T16:00:00Z

​​​SAN ANTONIO – MBP Capital Inc., an investment firm from Denver, has purchased Honey Hill Apartments, a 346-unit Medical District multifamily asset.

Honey Hill, located at 5111 Glen Ridge Dr.,​ will receive​​ $3 million in capital improvements in the first 12-18 months. The new ownership group will raise rents by around 30 percent from the current averages. 

MBP has hired Dallas-based Catalyst Multifamily to manage the property. Berkadia San Antonio represented the seller.​

Multifamilybiz.com
San Antonio-New Braunfels
Multifamily
http://www.multifamilybiz.com/News/7375/MBP_Capital_Acquires_346Unit_Honey_Hill_Apartment_...Read more at {Source}

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