Nitya Capital has sold off four multifamily properties across the Dallas, Austin and San Antonio regions. This brings Nitya’s total number of property exits to 73 since its founding in July 2013. All four properties were acquired by Nitya within the last four years and value was added through interior and exterior upgrades, pool renovations, kitchen renovations, new leasing office construction and new community amenities.
The 224-unit Terrain at Medical Center in San Antonio as well as the 268-unit Latitude Apartments located also in San Antoino’s Medical Center were purchased by Nord Group while buyers for Candlelight Park Apartments (128 units) in Duncanville and Park at Crestview (248 units) located North Austin remained undisclosed.
This latest round of sales marks a major milestone for Nitya Capital who have been actively working to increase their portfolio with strategic investments since 2013.
