HOUSTON-Allen Harrison Company LLC expects toclose $70 million worth of apartment acquisitions this year,according Will Harper, one of the firm’spartners.

The company, which launched in January 2010, is activelyexecuting its strategy to acquire value-added apartment communitiesthroughout Texas. Harper, a former Hanover Company executive,partnered with Paul Forbes, another Hanoverexecutive, to build Allen Harrison Company.

“We felt we were in the midst of a very rare opportunity toacquire real estate,” Harper explains. “We felt we were going toget five years down the road and say that 2010 to 2012 were veryobvious times in the cycle to acquire apartments. And, we felt likewe could leverage relationships and expertise.”

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.