J
uly 26, 2024
Caisson Capital Partners, a Northwest Arkansas real estate investment firm, has expanded its portfolio in Arkansas with the purchase of Parham Pointe Apartments in Little Rock. The apartment complex at 1500 Parham Point Drive features 184 units and was built in 2003 near several medical centers.
The acquisition aligns with Caisson's focus on providing quality housing for growing communities like Little Rock. To enhance the property, Caisson plans to invest in improving amenities and operations, aiming to boost residents' living experience while contributing to the city's economic growth.
Caisson has taken over a $20.25 million Fannie Mae loan with a fixed interest rate of 3.46%. This move marks another significant step for the firm as it continues to expand its presence in the state.
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