Tuesday, June 19, 2007
Source: charlotte.bizjournals.com
Bean Investment Real Estate has closes up on the $103 million acquisition of a very big apartment complex in Las Vegas.
Terry Bean, president of the Portland-based investment firm, was the main investor. A group of private investors provided equity while Column Financial Inc. made a loan of $85 million, which will be used to inform Sunrise Meadows, first constructed in the mid-1980s.
Sunrise Meadows, in Las Vegas, contains 896 units in 28 buildings. Bean Investment Real Estate is a private investment and brokerage company that good in placing private equity in institutional quality apartment properties. It owns just about 10,000 units in Oregon, Nevada, New Mexico, Arizona and Washington.
Bean Investment Real Estate has closes up on the $103 million acquisition of a very big apartment complex in Las Vegas.
Terry Bean, president of the Portland-based investment firm, was the main investor. A group of private investors provided equity while Column Financial Inc. made a loan of $85 million, which will be used to inform Sunrise Meadows, first constructed in the mid-1980s.
Sunrise Meadows, in Las Vegas, contains 896 units in 28 buildings. Bean Investment Real Estate is a private investment and brokerage company that good in placing private equity in institutional quality apartment properties. It owns just about 10,000 units in Oregon, Nevada, New Mexico, Arizona and Washington.
posted by nisha
@ 11:46 PM
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