Boca Raton, FL, June 19, 2016 --(PR.com
)-- PrivCap Holdings acquired Wynnewood Apartments in Dallas, TX yesterday. The 104 unit multifamily complex is in an up and coming suburb of Dallas that has seen significant growth over the past few years. PrivCap VP of Acquisitions, Mark Zeidman, commented that "this property and the overall area has strong upside value and we continue to seek additional value add opportunities in the greater Dallas market."
PrivCap is currently under contract to acquire another 227 units in Fort Worth, TX to add to its growing portfolio in the region.
About the company:
The objective of PrivCap Holdings is to identify attractive opportunities in real estate throughout the United States with strong cash flow and significant upside potential. We employ a disciplined, conservative approach towards our underwriting and analysis of each opportunity to generate a realistic expectation while minimizing potential downturns.
Each opportunity has its own unique story. Our analysis of the opportunity includes a very specific game plan including value add plans, specific management objectives and a clear, defined exit strategy.
PrivCap Holdings will provide equity to strong sponsors on any property type that meet our underwriting criteria throughout the United States.
For a list of current holdings, please e-mail firstname.lastname@example.org