REEP Equities, in a partnership with Hashem Holdings, has acquired Candleridge Park Apartments, a 128-unit community in Houston for $10.6 million, according to Yardi Matrix. JLL secured a $7.9 million Fannie Mae loan, for the acquisition of the property, on behalf of the borrowers. HM Equity sold the community, however, will continue to manage it, Yardi Matrix data shows.
We are thrilled to share some exciting news with you.
Despite the slowdown in acquisitions within our industry over the past year, REEP has continued to forge ahead. ...
