URS Capital Partners completes acquisition of Belmont Heights and sale of Latitude at Richmond Hill
Acquiring Company
URS Capital Partners
Acquired Company
Belmont Heights Apartments and Townhomes
HuntingtonBelmontReal EstateReal Estate InvestmentHospitalityCommercial Real EstateReal EstateDescription
URS Capital Partners, a private real estate investment firm, has completed the acquisition of Belmont Heights Apartments and Townhomes in Belmont, NC, and the successful sale of Latitude at Richmond Hill in Richmond Hill, GA. This acquisition aligns with the firm's strategy of repositioning undermanaged and/or distressed multifamily properties, while the sale of Latitude at Richmond Hill is consistent with their efforts to harvest gains and rebuild the portfolio with new acquisitions at a more attractive basis in today's market.
Quick answer
URS Capital Partners is acquiring Belmont Heights Apartments and Townhomes, announced May 17, 2024. URS Capital Partners is based in Huntington, New York, United States.
- How much did URS Capital Partners pay for Belmont Heights Apartments and Townhomes?
- The deal value was not disclosed.
- What does URS Capital Partners do?
- URS Capital Partners is a private real estate investment firm specializing in value-add apartment communities.
- Where are URS Capital Partners and Belmont Heights Apartments and Townhomes based?
- URS Capital Partners is based in Huntington, New York, United States. Belmont Heights Apartments and Townhomes is based in Belmont, North Carolina, United States.
- Who are the decision-makers at URS Capital Partners?
- Fundz holds 1 contact at URS Capital Partners. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at URS Capital Partners, and when
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Frequently asked
Who acquired Belmont Heights Apartments and Townhomes?
Belmont Heights Apartments and Townhomes was acquired by URS Capital Partners, based in Huntington. The deal was reported on May 17, 2024. URS Capital Partners is a private real estate investment firm specializing in value-add apartment communities. URS Capital Partners is privately held and operates in Real Estate.
When did URS Capital Partners acquire Belmont Heights Apartments and Townhomes?
URS Capital Partners's acquisition of Belmont Heights Apartments and Townhomes was reported on May 17, 2024. URS Capital Partners, a private real estate investment firm, has completed the acquisition of Belmont Heights Apartments and Townhomes in Belmont, NC, and the successful sale of Latitude at Richmond Hill in Richmond Hill, GA. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Belmont Heights Apartments and Townhomes do?
Belmont Heights, previously known as Residences at Belmont, comprises 176 units and is situated in Belmont, a flourishing suburb of Charlotte. It is privately held, operating in Real Estate, and is based in Belmont.
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