$90 million 675-unit Washington D.C. metro Multifamily Portfolio acquired by Besyata and Scharf family offices
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170802006195/en/
Besyata Investment Group &
BH Management, Besyata’s long-standing partner and leading property manager of 70,000 apartments in 23 states, will oversee the day-to-day property management and leasing.
The Property
Arbor Vista,
The community benefits from a convenient inside-the-beltway location within a few-minute drive from major roadways
The metro area has a diverse economy with strengths in core sectors, including professional and business services, education and health services, and agencies supporting the federal government. The submarket has an established hub of large employers, including
With the continued population growth and low unemployment, the submarket has a strong demand for class B units.
Upside
Besyata
A NY-based family office focused on acquiring multifamily and retail properties with substantial upside, while pursuing a value-add strategy. Besyata is an owner and operator of properties nationwide and has originated and invested in over 100 successful real estate transactions.
besyata.com
A NY-based fourth generation family office; owner, developer, and operator of a large portfolio of commercial, retail, residential, Healthcare & Senior housing properties nationwide.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170802006195/en/
Besyata
[email protected]
Source:
OPINION: Calling all grown-ups! Bi-partisan group seeks to get health care unstuck
A.M. Best Assigns Credit Ratings to Ping An Health Insurance Company of China, Ltd.
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News