OMAHA, NE—Locally based Haley Real Estate Groupsaid Wednesday that it's continuing its strategy of acquiring andrenovating with five recent apartment acquisitions. Theacquisitions from various sellers span three states and total $64.3million.

The company plans to invest an additional $3.4 million forcapital improvements to the communities, which total 1,028apartment units. The addition of the properties increases Haley'sportfolio to 46 properties representing 11,380 units in 13states.

The two largest deals in the portfolio, totaling approximately$47 million and 592 units, were for Woodscape and Forest Lake, bothin Newport News, VA and both acquired from UDR inJuly, according to Real Capital Analytics. The other properties,all acquired in August, include Fox Run Apartments in Broken Arrow,OK; Pryor Creek Apartments in Pryor, OK; and Meadow Walk Apartmentsin Arkansas City, KS.

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.