Tag: Multifamily Real Estate

Browsing Tag:Multifamily Real Estate

29th Street Capital Acquires 16th Bay Area Multifamily Property

San Rafael, Calif. (June 6, 2017) – 29th Street Capital (29SC), a privately-held real estate investment and advisory firm, has acquired 355 Canal Street in San Rafael, California. The 42-unit community consists of one-, two- and three-bedroom units and is located just east of Hwy. 101 and I-580, which provide access to San Francisco and Oakland. 29SC plans to strategically invest $560,000 in capital improvements. Interior upgrades will focus on kitchens, bathrooms and flooring. Exterior renovations will include roof repairs,…

29th Street Capital Acquires 2nd Las Vegas-Area Property

Las Vegas, Nev. (April 27, 2017) – 29th Street Capital (29SC), a privately-held real estate investment and advisory firm, has acquired Woodlake Villas Apartments, a 218-unit multifamily community in Las Vegas, Nevada. 29SC plans to implement a $1.9 million capital improvement program to renovate unit interiors, enhance the property’s exterior and curb appeal and improve the amenity package. 29SC will also implement energy-efficient upgrades through the Freddie Mac Green financing program. The Las Vegas market has experienced significant economic improvements…

29th Street Capital Acquires 2nd Louisville Multifamily Property

Louisville, Ky. (January 3, 2017) – 29th Street Capital (29SC), a privately-held real estate investment and advisory firm, has acquired Willowbrook Apartment Homes, its second property in Louisville, Kentucky. The 120-unit multifamily community, located seven miles southeast of downtown Louisville in the West Buechel area near I-264 and Bardstown Road, offers a variety of floorplans, including one-, two- and three-bedroom units. “We are excited to close on our second Louisville property in less than three months and are very optimistic…

29th Street Capital Acquires 8th Bay Area Multifamily Property

Concord, Cal. (October 26, 2016) – 29th Street Capital (29SC), a privately-held real estate investment and advisory firm, has acquired Tradewinds Apartments in Concord, California. The multifamily community is in the East Bay submarket of San Francisco. Tradewinds contains one-, two- and three-bedroom units, offering floorplans and a location that appeals to both families and working professionals. 29SC purchased the asset off-market from the heirs of a family trust.  The firm plans approximately $400,000 worth of renovations, which will include…

29th Street Capital Acquires Fifth Metro Denver Property

Denver, Colo. (September 20, 2016) – 29th Street Capital (29SC), a privately-held real estate investment and advisory firm, has acquired The Wesley Apartments, a 105-unit multifamily community in Denver, Colorado. 29SC plans to invest $1 million to significantly renovate the interiors and enhance the exterior. This represents 29SC’s fifth acquisition in the Denver market.  “The acquisition of The Wesley Apartments provides another excellent opportunity to expand 29th Street Capital’s portfolio in the Denver market,” said Jay Neal, 29SC’s Vice President…