Trinity Multifamily's Los Angeles Partner Buys Three Apartment Complexes

by Arkansas Business Staff  on Thursday, Feb. 8, 2018 9:30 am   1 min read

Trinity Multifamily of Fort Smith announced Wednesday that its partner, AndMark Management Co. of Los Angeles, has acquired three assets in separate transactions that total $7 million. 

Trinity Multifamily said AndMark's investment fund III bought the 60-unit Crown Ridge apartment complex in Fort Smith for $2.4 million and the 56-unit Crown Ridge apartment compex in Fayetteville for $1.8 million. 

The firm also said AndMark's investment fund IV bought the 96-unit Eastwood Apartments in Jacksonville for $2.8 million.

The three properties will be managed by Trinity Multifamily, which manages most of AndMark's 30-plus properties throughout the Midwest.

 

 

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