Publications

EPC Promecap Multifamily Partners V acquires three-property portfolio
Transactions - MARCH 22, 2022

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

Sign in Sign up for a FREE subscription

EPC Promecap Multifamily Partners V acquires three-property portfolio

by Released

EPC Promecap Multifamily Partners V, LLC (Fund V), a private investment vehicle co-managed by Eagle Property Capital Investments (EPC), a vertically integrated real estate investment manager focused on the value-add multifamily space, and Promecap, S.A. de C.V.,  a private equity firm based in Mexico City, acquired three communities in the Dallas–Fort Worth area.

All three properties — Mustang Villas Apartments, Prestonwood Apartment Homes and Bella Vista — are located in the suburbs north of Dallas, providing easy access to downtown Dallas and Fort Worth for various employment and education opportunities. Together, the properties add up to 840 apartments, resulting in significant economies of scale.

“Apartment demand in Dallas–Fort Worth continues to be among the strongest in the country,” said Rodrigo Conesa, managing principal at EPC. “At the same time, it remains one of the more affordable markets and an excellent environment for us to execute our va

Forgot your username or password?