Middle eastern money invested in student housing real estate in Austin | Think Realty | A Real Estate of Mind
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Middle eastern money invested in student housing real estate in Austin

The Austin Business Journal is reporting that a Investcorp of Bahrain has purchased a student apartment complex in southeast Austin from The Preiss Company of North Carolina which specializes in real estate investment in  student housing.

The 846 units in the two complexes are valued at about $64 million according to the Austin Business Journal.

Investcorp has also purchased multi-family in Chicago and Las Vegas with a combined number of 3,000 units.


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