Reliance Capital Partners acquires Lexington Square Apartments in Gainsville, Texas

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Reliance Capital Partners acquires Lexington Square Apartments in Gainsville, Texas

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Reliance Capital Partners, LLC is pleased to announce the acquisition of Lexington Square Apartments located in Gainsville, Texas. The property operates as 100 unit Section 8 affordable housing community covered by a Housing Assistance Payment contract administered by HUD. Reliance Capital Partners acquired the property in December of 2012 as part of a multi-property acquisition. Debt financing was provided by Wells Fargo Bank and Fannie Mae.

Reliance Capital Partners can be contacted at their Los Angeles offices:

Reliance Capital Partners
8961 Sunset Blvd
Suite PH
West Hollywood, CA 90069
andre(at)reliancecp(dot)com

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Andre Koren

Andre Koren
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