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BH Properties Continues Southwest Growth with Acquisition of Papago Crossing

LOS ANGELES/PHOENIX - March 25, 2014 - (RealEstateRama) -- BH Properties, a Los Angeles-based firm that specializes in acquiring and repositioning challenged or distressed real estate properties, has purchased the Papago Crossing apartments in Phoenix for $8.1 million. The move further advances the firm’s investment strategy in the region.

Recent Gov & Nonprofit Real Estate Press Releases

Gooden Seeks Transparency in Kaufman County Housing Policies

Congressman Lance Gooden sent a letter to the Dallas Housing Authority requesting answers and greater transparency regarding housing placement trends and neighborhood concentration concerns in Kaufman County. The letter responds to concerns raised by homeowners in the Gateway Parks subdivision in Forney about Housing Choice Vouchers and federal housing policies contributing to increased institutional investor ownership and neighborhood instability