HOUSTON-Allen Harrison Company LLC expects to close $70 million worth of apartment acquisitions this year, according Will Harper, one of the firm’s partners.
The company, which launched in January 2010, is actively executing its strategy to acquire value-added apartment communities throughout Texas. Harper, a former Hanover Company executive, partnered with Paul Forbes, another Hanover executive, to build Allen Harrison Company.
“We felt we were in the midst of a very rare opportunity to acquire real estate,” Harper explains. “We felt we were going to get five years down the road and say that 2010 to 2012 were very obvious times in the cycle to acquire apartments. And, we felt like we could leverage relationships and expertise.”
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