Aragon Holdings Pays $170+ Million for 3 State Apartment Portfolio

(firmenpresse) - LOS ANGELES, CA -- (Marketwired) -- 06/27/16 -- Aragon Holdings () has announced that its Aragon Multi-Family Fund V ("Fund V") has invested $40+ million of equity in a $170+ million, 1,300 apartment unit portfolio. The properties are located in Denver, CO, Dallas, TX, and St. Louis, MO. With this portfolio acquisition, Aragon now has over 12,000 apartment units located across the U.S.

Aragon recently announced the launch of its next fund, Aragon Multi-Family Fund VI ("Fund VI"). Fund VI will follow the same successful investment strategy used by Aragon's prior funds: purchasing well-located multi-family properties that provide immediate tax deferred returns to its investors, through monthly distributions.

"We believe market fundamentals in our targeted geographies are in balance, and there are opportunities to acquire well-located properties that will produce tax deferred monthly income for our investors," said Dan Guy, President of Aragon Holdings. "We are pleased to announce the formation of our sixth Fund, and anticipate beginning to deploy its capital by Q3 this year," Mr. Guy said.

Aragon Holdings is a Private Real Estate Investment and Fund Management Company based in Los Angeles, California, that acquires and manages multi-family assets on behalf of high-net-worth investors. The company manages a portfolio of over $1 billion in apartment assets, located in Albuquerque, Atlanta, Dallas, Denver, Fort Worth, Houston, Kansas City, Orlando, Salt Lake City, St. Louis, and San Antonio.



Dan Guy
President
Aragon Holdings
310.550.5793


Alexander Auerbach
Auerbach & Co. Public Relations
800.871.2583

Weitere Infos zu dieser Pressemeldung:

Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: Marketwired
Datum: 27.06.2016 - 11:00 Uhr
Sprache: Deutsch
News-ID 480022
Anzahl Zeichen: 0

contact information:
Town:

LOS ANGELES, CA

Kategorie:

Commercial & Investment Banking

Diese Pressemitteilung wurde bisher 325 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Aragon Holdings Pays $170+ Million for 3 State Apartment Portfolio"
steht unter der journalistisch-redaktionellen Verantwortung von

Aragon Holdings (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

Aragon Holdings Invests $130 Million in Atlanta Apartments ...

LOS ANGELES, CA -- (Marketwired) -- 08/02/17 -- Aragon Holdings () announced the closing of its fourth apartment property in Atlanta, Georgia. This brings Aragon's acquisition costs for its four-property Atlanta portfolio to over $130 million.T ...

Aragon Holdings Tops $1 Billion ...

LOS ANGELES, CA -- (Marketwired) -- 12/07/15 -- Aragon Holdings () announced that its Aragon Multi-Family Fund IV ("Fund IV") is fully invested less than one year after the fund was closed to new equity commitments.Fund IV's $170 mill ...

Aragon Holdings Expands DFW Presence to Nearly 3,000 Units ...

LOS ANGELES, CA -- (Marketwired) -- 09/22/15 -- Aragon Holdings () announced further expansion of its national multi-family portfolio through the acquisition of The Madison Apartments, a 364-unit property located in Dallas, TX. The acquisition was p ...

Alle Meldungen von Aragon Holdings