May 17, 2021
El Paso apartment complex gets new owners, new name
EL PASO – A New England-based private equity firm has purchased Bungalows at North Hills, a 342-unit multifamily property.Rebranded as Forty649 North Hills Apartments, the asset has studio and one-, two-, three-,...
EL PASO – A New England-based private equity firm has purchased Bungalows at North Hills, a 342-unit multifamily property.
Rebranded as Forty649 North Hills Apartments, the asset has studio and one-, two-, three-, and four-bedroom units.
Amenities include a pool, fitness center, clubhouse, and outdoor grilling areas.
The property was built in 2009 on 18 acres at 4649 Loma Del Sur Dr.
KeyBank Real Estate Capital has provided $30 million in Freddie Mac acquisition financing.
The Texas Real Estate Research Center has more news like this:
Source: REBusiness Online
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