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TPEG SELLS MIDCROWN

September 13, 2019

 

In October 2014, TPEG partnered with PPA Group to purchase the 208-unit Midcrown apartments in San Antonio, Texas. The sale of the property closed on September 13, 2019. Trinity investors realized an internal rate of return (“IRR”) of 12.80% and a cash-on-cash return of 1.76x over the 59-month investment period.

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