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HomeUnion Gets Involved In Multifamily

WASHINGTON DC 09.14.2017

7TH ANNUAL FUTURE OF PRINCE GEORGE'S COUNTY

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Jane Cafritz -- Calvin Cafritz Enterprises
Steve Schwat -- Urban Investment Partners (UIP)
Nina Albert -- Washington Metropolitan Area Transit Authority (WMATA)
HomeUnion's offices in Irvine, California
HomeUnion in Irvine, California

Irvine's HomeUnion is stepping into multifamily, repping buyers in four apartment building deals, totaling around $8.7M.

The apartment buildings include 125 units in four cities: Raleigh, North Carolina, Clearwater, Florida, Indianapolis and Dallas, GlobeSt reports.

In Raleigh, HomeUnion assisted in closing a deal for a 15-unit, 15,029 SF apartment building for $835K.

HomeUnion negotiated a deal for a 46-unit, 28,060 SF garden-apartment complex for $3.58M in Clearwater.

In Indianapolis, a 38-unit, 43,054 SF was traded for $1.8M, and in Dallas, HomeUnion negotiated a $2.5M, all-cash deal for a 19,098 SF Old East Caroll multifamily property.

Before these deals, HomeUnion generally focused on single-family investments.

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