NEW YORK – July 23, 2018 – ArborCrowd (the “Company”), the only online platform that enables individuals to make equity investments in institutional-quality commercial real estate, today announced its Southern States Multifamily Portfolio (SSMP) investment has been realized ahead of schedule, outpacing targeted return estimates. One of the properties in the portfolio is located in Mississippi and sold in late 2017. The two remaining properties, located in Alabama, recently sold. The aggregate portfolio sales price was $25.85 million, generating an internal rate of return (IRR) of over 29% for ArborCrowd investors.
Southern States Multifamily Portfolio Sells, Exceeding Targeted Returns For ArborCrowd Investors
Jul 30, 2018
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