Publications

Civitas Capital Group continues to purchase value-added multifamily assets
Transactions - NOVEMBER 30, 2021

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Civitas Capital Group continues to purchase value-added multifamily assets

by Released

Civitas Capital Group, a Dallas-based global alternative investment manager offering niche opportunities in U.S. real estate, has acquired Rocco Apartments, a 312-unit, garden-style apartment complex in burgeoning East Fort Worth, Texas.

“Value-add multifamily acquisition continues to be a winning strategy for Civitas,” said Rootvik Patel, investments director for Civitas, who led the transaction along with colleague Chandler Kyser. “Renovating multifamily properties such as Rocco is a win-win for tenants current and future. Civitas works to improve the communities in which we live and work, so the opportunity to update a property in a burgeoning market within our home in North Texas is exciting.”

Located off Interstate 30 near Eastchase Parkway, east of Fort Worth, the property sits only 16 minutes from downtown Fort Worth and only 26 minutes from downtown Dallas. East Fort Worth has been a direct beneficiary of the rapid economic expansion of the Dallas–Fo

Forgot your username or password?