Next Wave Investors has entered the Texas market with the acquisition of Shiloh Park Townhomes, a 73-unit multifamily community in Plano, Texas, via a subsidiary company. The seller was a private California-based firm.
“As an experienced multifamily owner-operator in high-growth markets throughout the west, we identified Plano as a natural next step in our investment strategy based on the city’s substantial economic and population growth, high median income, and high-quality educational systems,” said Jordan Fisher, principal at Next Wave.
Article source: Irei.com