JV Spends $30M on Two Creve Coeur Apartment Complexes
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 .
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