HOUSTON, TX – Privately-owned real estate investment and operating company, Nitya Capital has acquired an 11-asset multifamily portfolio situated across five markets for nearly $500 million.
The nearly 3000-unit portfolio comprises class B properties that currently average 95% occupancy.
The acquisition of represents Nitya Capital's largest transaction and it additionally expands the firm's footprint into the Sunbelt.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
