EBSCO Income Properties acquires its first investment property, Stonegate Luxury Apartment Homes.
EBSCO Income Properties LLC, led by Vice President and General Manager Leslie L. Yeilding, is broadening EBSCO’s real estate presence by building a portfolio of multi-family assets.
The goal of this EBSCO subsidiary is to invest in multi-family assets through acquisitions and to add value through physical upgrades, professional management, and a focus on customer service, resulting in higher rental rates, subsequent value appreciation, and superior risk-adjusted returns for the company. Investments will be held for both short- and long-term ownership holding periods.
Assets will primarily include existing properties built in the 1990s and early 2000s with a geographic focus on locations in the Southeastern United States.
For a complete portfolio of investment properties, visit ebscoincomeproperties.com.