SAN FRANCISCO, CA (November 2014) — Travis Pacoe & Ron Abta, principal investors and managers of multifamily properties in the mid-western and central United States, have formed a new entity through which they will continue sponsoring multifamily investments. The new entity is named Polaris Real Estate Partners. More information can be found at www.polaris-lp.com.
The general partners of Polaris will maintain the same investment criteria that guided their recent investments – well-located, high quality Class C and Class B apartment projects offering strong initial returns with potential for rental increases through judicious capital improvements and increased efficiencies in management. Target markets will include areas within which Travis and Ron currently own assets, in addition to expansion into central U.S. states.
Polaris Real Estate Partners specializes in multifamily investment in the mid-western and central United States, with its principals collectively holding 40 years of direct real estate investment experience and approximately 1,500 units currently under ownership and management. The company and its principals have acquired multifamily properties, warehouses, manufacturing facilities and retail properties as well as improved and unimproved land. Polaris Real Estate Partners is currently seeking projects 100 to 350 units in size in the mid-western and central U.S.
Contact:
Travis Pacoe or Ron Abta
Polaris Real Estate Partners
415-826-5202 main
tpacoe@polaris-lp.com; rabta@polaris-lp.com