Jun
26
Belay, Arc Capital Form JV to Focus on Millennial Market
ByThe joint venture will focus on acquiring and repositioning properties in California and Texas.
Neville Rhone, Arc Capital Partners
Los Angeles—Two Los Angeles-based firms—Belay Investment Group LLC and Arc Capital Partners LLC—have launched a joint venture focused on acquiring and repositioning up to $150 million of multifamily and retail properties in California and Texas.
Known as ArcWest Partners, the joint venture will target value-add and opportunistic acquisitions in growing urban submarkets with strong millennial demand. The partners are considering numerous opportunities in both states…
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