ST. LOUIS-Chicago-based The Habitat Co. has acquired two apartment communities in St. Louis County for a combined $30 million. The company has formed a joint venture partnership with Fort Worth, Texas-based Goff Capital Partners LP to purchase Edgewater Court Apartments, a 254-unit complex, and Tuscan Villas Apartments, a 105-unit complex, in Creve Coeur.
The two multifamily properties sit on 23.5 acres at 1003 Mariners Point Drive. SEC Marine LLC, a subsidiary of Omaha, Nebraska-based Dial Equities, was the seller. CBRE marketed the apartment complexes. For the full story, go to St. Louis Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Multifamily Leader delivers in-depth examinations of the market conditions and trends shaping the apartments and condo industry. Register for the alert now!