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Bell Partners Acquires Multifamily Communities for Two Investment Funds

Bell Partners Acquires Multifamily Communities for Two Investment Funds

Bell Partners, a Greensboro, NC-based real estate investment firm, has acquired Lansbrook Village and Presidio East for two separate funds. The 774-unit apartment community located in Palm Harbor, FL was acquired on behalf of Bell Value-Add Fund VIII investors and will be renamed Bell Lansbrook Village. The 312-unit apartment building in Fort Worth, TX was acquired on behalf of Bell Core Fund I investors and will be renamed Bell Presidio.

Bell Lansbrook Village features low density townhome style units with one-, two-, three-, and four bedroom plans while the larger floorplans at the low density community of Bell Presidio offer unique living options to residents. Nickolay Bochilo EVP of Investments at Bell Partners said “By leveraging our local market knowledge and differentiated deal flow we have been able to acquire these properties in quality locations that can provide attractive returns for our investors”

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