PCCP, LLC and B&M Management Company Form Joint Venture for the Acquisition of a 736-Unit Multifamily Property in Huntsville, AL

0

New York, NY – August 3, 2011 – (RealEstateRama) — PCCP, LLC announced today it formed a joint venture with Montgomery, AL-based B&M Management Company to acquire The Reserve at Research Park, a 736-unit Class B multifamily property located at 6200 Rime Village Dr. in Huntsville, AL. The property was purchased in an off-market transaction.

SHARE

PCCP, LLC is a premier real estate private equity firm focused on commercial real estate debt and equity investments. PCCP has over $6 billion under management in multiple closed-end funds and joint ventures with institutional investors.  With 33 investment professionals and 55 employees across four offices located in New York, San Francisco, Sacramento and Los Angeles, PCCP invests throughout the United States.

Contact:

Los Angeles
222 N. Sepulveda Blvd.
Suite 2222
El Segundo, CA 90245

Phone: 310.414.7870
Fax: 310.414.7872

NO COMMENTS

Previous articleManager of Mortgage Brokerage Firm, Bridgewater Funding, LLC, Sentenced in Manhattan Federal Court to 60 Months in Prison for His Participation in a Multi-Million-Dollar Mortgage Fraud Scheme
Next articleMBA and 16 Other Groups File Joint Comment Letter on Commercial/Multifamily Risk Retention Proposed Rule