Toro Real Estate acquired the121-unit vacant property in Columbus, OH.
COLUMBUS, OH—New York-based real estate investment firm ToroReal Estate Partners reports it has closed its first acquisition ina qualified federal opportunity zone here.
The property in Columbus consists of 121 units that arecompletely vacant and have significant deferred maintenanceattached to it. With the addition of the Columbus property, thedeal brings the Jericho, NY-based Toro's total units acquired toapproximately 2,500 units, with an additional 832 units currentlyunder contract. No financial terms of the Columbus propertypurchase were released.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
