Investors Capital Group acquires 72-unit multifamily property in Omaha

Investors Capital Group (ICG) announced the acquisition of 1501 Jackson Apartments, a 72-unit midrise multifamily property located in Omaha. This strategic acquisition represents the fifth and final property acquisition under ICG's Apartment Fund 8.

The property is located in downtown Omaha and includes amenities such as a clubhouse, fitness center, community deck and secured garage.

“We’re excited to place capital in another Nebraska apartment community, particularly such a nice property that is well positioned for residents to enjoy all the lifestyle benefits of downtown Omaha,” said Mick Halpin, principal and managing member at ICG.

1501 Jackson sits in the heart of downtown Omaha and is poised to take advantage of concerted public and private investments into the area, including the recently completed 15-acre $325 million Gene Leahy Mall.

The Mogharebi Group brokered the transaction.