KeyCity Capital, private equity and wealth acceleration firm, has acquired the College Station Portfolio. The portfolio includes 583 units at three separate multifamily properties located throughout College Station, Texas. The acquisition is the first under KeyCity Capital's recently launched fund.
“This portfolio was a perfect match for the strategy of our newest fund offering,” said Tie Lasater, CEO of KeyCity Capital. “The College Station portfolio checked all of the boxes of our extensive due diligence process and represents a tremendous opportunity for low-risk, high-yield return for our investors.”
The newly launched fund is designed to leverage the acquisition and management of primarily B-class value-add multifamily and residential rental properties, as well as strategic properties in strong growth markets. Investors in the fund can maximize liquidity with monthly distributions and equity returns in a tax-advantaged fund structure, leveraging KeyCity Ca