Posted 2/8/2018 09:30 am
Updated 1 week ago
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.