JACKSONVILLE, FL - IHT Capital Advisors, a boutique real estate investment and asset management firm specializing in off-market multifamily housing in the Southeast, has announced the closing of three value-add apartment communities.
IHT Capital Advisors closed on a 231-unit complex In Huntsville, Ala. and two communities in Gainesville, Fla. comprised of 102 and 128 units.
“We expect to continue to garner a great deal of interest from investors looking for the higher returns that value-add properties in emerging markets can generate,” noted IHT Capital Advisors’ Principal Dan Summers. “These assets are undergoing capital improvements, including significant rehab, which will allow new management to concentrate on operations and resident retention.”
IHT Capital creates investor opportunities in high potential markets in the Southeast. The focus is on value-add, off-market opportunities in emerging and secondary markets for clients. By specializing in market selection, full service capabilities and expertise, IHT Capital Advisors is able to maximize returns on investments.
“It’s the possibility of those lucrative returns that is helping to drive a great number of investors into the multifamily market,” added Summers. “With our approach to sourcing off-market deals, expertise and menu of services, we have successfully closed three transactions and have in excess of $90 million under agreement and entering Due Diligence”.
IHT Capital Advisors has closed over $17 million in multifamily acquisitions in the Southeast since forming in the last five months and is actively working with investors throughout the country and apartment property owners in Florida, Texas, Alabama and Mississippi.
The firm was built on three pillars that are the backbone of the company – Integrity, Honesty and Transparency (IHT). For more information visit www.ihtcapital.com or call (904) 738-8257.
About IHT Capital Advisors: IHT Capital Advisors is a Jacksonville, Fla. based privately held, vertically integrated boutique real estate investment and asset management firm specializing in off-market multifamily properties in the Southeast. Deep experience and resources including best-in-class reporting, operations and risk management provides Funds, institutional and individual investors with a comprehensive, seamless approach to disciplined investing. IHT Capital Advisors directs its focus on off market properties. Within emerging markets, our team identifies opportunities based on location, demographics, access and exploring untapped potential. Company principals offer a combined 75 years of experience. Garnering impressive reputations as asset managers’, successfully acquiring, financing, developing, leasing, owning and managing income producing assets and putting capital to work on behalf of a diverse client base. IHT Capital Advisors’ consistent, proven value-creation approach provides an unparalleled network to source asset management, investment intelligence and opportunities under one umbrella. For more information visit www.ihtcapital.com or call (904) 738-8257.