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EverWest Real Estate Investors sells property for $115M
Sale generates $315M of proceeds to reduce debt and fund future growth
Customizable tool automates matching of investors' search preferences
Property consists of five buildings on 70,000 square feet in Northwest Inner Loop
The BLVD at Wilson Crossings will feature layouts for up to four bedrooms.
The acquisition is on behalf of a Delaware statutory trust investment offering that seeks to raise $68 million in equity from accredited investors
Bluerock also spun off its single-family rental business into a publicly traded REIT.
Capital Tax Credit Equity Fund supports over 2,400 affordable homes in 12 states
Private investor buys single-tenant building for $24.5M
313-unit multifamily community is on a 2.32-acre site is in a Qualified Opportunity Zone under the Tax Cuts and Jobs Act of 2017