Knightvest Capital Enhances Presence with New Acquisition
Knightvest Capital Expands Its Portfolio
This acquisition represents the ninth investment in Knightvest's Fund II.
The Walton: A New Beginning
As part of the renovation efforts, Knightvest has renamed the community to The Walton, signaling a fresh start for the property.
Details of the Acquisition
Knightvest Capital, a vertically integrated multifamily investment firm, has recently announced the acquisition of the Cortland Vera Sanford community. This successful close signifies the latest milestone in Knightvest's strategic growth, with funds still accessible to new investors through the coming years.
Community Features and Renovation Plans
Constructed in 2018, the 332-unit apartment community boasts a prime location within a high-income suburb. The diverse unit composition includes attractive two-story townhomes complemented by attached garages. Knightvest plans substantial renovations to enhance the living experience at The Walton, focusing on modern amenities and community spaces.
Strategic Growth in the Sun Belt
"This acquisition reflects our continued strategy of targeting high-quality, differentiated multifamily assets in growing Sun Belt markets," shared David Moore, Knightvest founder and CEO. The firm aims to respond to the burgeoning influx of residents and job creation that fuels demand for quality housing, particularly in thriving regions like Central Florida.
The Desire for Quality Housing
This new addition to Knightvest's portfolio follows their commitment to investing in low-density properties that cater to major employment centers, making them highly coveted in a market where such developments pose increased costs.
About Knightvest Capital
Knightvest Capital is recognized as a leader in the multifamily investment sector, aiming to foster excellence in community living while delivering reliable results for investors. Since its inception, the firm has distinguished itself by combining a dedication to renovating properties with a focus on quality design and operational efficiency.
Reach Out for More Information
For those interested in learning more about Knightvest Capital and its initiatives, inquiries can be directed through their media contact.
Media Contact:
McKenzie can be reached for inquiries regarding Knightvest's projects for further information.
Frequently Asked Questions
What recent acquisition has Knightvest Capital completed?
Knightvest Capital has acquired the Cortland Vera Sanford community, now named The Walton.
What are the future plans for The Walton?
Plans include significant renovations and upgrades to modernize the living spaces and enhance community amenities.
How does Knightvest Capital align its investments?
Knightvest targets high-quality multifamily assets in dynamic and growing markets, particularly in the Sun Belt.
What is the background of Knightvest Capital?
Knightvest Capital has been investing in multifamily properties since 2007, striving to create communities that endure.
Who can potential investors contact for more information?
Potential investors can contact the Knightvest media representative for further inquiries about investment opportunities.
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