Praedium all set to enjoy Sunset years.The Praedium Group LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of City-based national real estate investment firm, announced a joint venture acquisition with San Francisco-based Hamilton Zanze to purchase Sunset Ridge Apartments. Sunset Ridge, located at 5910 Vista Ridge Point in Colorado Springs Colorado Springs, city (1990 pop. 281,140), seat of El Paso co., central Colo., on Monument and Fountain creeks, at the foot of Pikes Peak; inc. 1886. It is a year-round resort and a booming military, technological, and commercial city. , CO, was acquired for $21.6 million or $90,000 per unit. Chris Hughes Chris Hughes could refer to one of several notable men:
"We plan to enhance the physical appearance of the asset and increase occupancy through an aggressive leasing strategy." Sunset Ridge Apartments will represent Praedium's third joint venture with Hamilton Zanze. Praedium is investing its most recent $700 million real estate private equity fund, Praedium Fund VI. This equity will be leveraged to acquire more than $2 billion in properties. The fund invests in mid-cap assets throughout the United States and Canada in the $10 to $70 million range, targeting multi-family, office, retail and industrial property types. |
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