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Beacon Communities Acquires 59-Property Apt. Portfolio for $250 Million

Buyer Intends to Use Low-Income Tax Credits to Renovate Many of the Apartment Properties Acquired from NDC
CoStar News
September 25, 2017 | 7:30 P.M.

Boston-based private multifamily firm Beacon Communities has acquired a Pittsburgh-based design-build company and its portfolio of apartment properties totaling 5,300 units in Florida, Louisiana, Kentucky, West Virginia, Ohio and Washington, D.C. in a transaction valued at over $250 million,

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News | Beacon Communities Acquires 59-Property Apt. Portfolio for $250 Million