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JV Purchases Multifamily Properties for $39.5M, Plans to Rebrand, Renovate

2013-05-02 14:20:00| National Real Estate Investor

A joint venture composed of Ridge Capital Investors LLC and Redwood Real Estate Partners, has acquired Saratoga Downs Apartments and Sheveland Ranch Townhomes for $39.5 million. The adjoining class-A properties, totaling 178 units, will be combined and rebranded to the Saratoga Downs at Sheveland Ranch. read more

Tags: plans properties purchases renovate

Category:Real Estate

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