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Looking for MF projects in Nevada

Author: Diana Heeb Bivona

Real Estate Partners Inc. recently sold a a multifamily portfolio of eight properties for $166 million. The company specializes in renovating and repositioning assets before selling. Their company strategy typically involves significantly upgrading the interiors of the MF units, renovating any exterior physical deficiencies and then improving the amenities. Once completed, the properties are sold.

According to a recent article in Commercial Property News, they are also looking for new multifamily opportunities in which to invest. Areas of interest: Virginia, North Carolina, northern California, Washington, Maryland and Nevada.

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