(PRWEB) January 15, 2013
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
West Hollywood, CA 90069