Magma Equities has plans to increase the size of its portfolio within the next three years, according to Commercial Real Estate Direct.
Magma Equities is a diversified real estate organization, primarily focused on repositioning class B apartment complex communities.
Its aim is to own at least 5,000 units by 2022.
Its current portfolio consists of 875 units in 12 properties, located in Fort Worth, Texas; Nashville; and Seattle.