BOCA RATON, Fla., Aug. 3, 2017 /PRNewswire/ -- APL Residential is pleased to announce the acquisition of Aarons Walk, a 112 unit apartment community located in Tampa, FL. APL Residential is a division of Amzak Capital Management which is located in Boca Raton, FL.
With the purchase of Aaron's Walk, now renamed Laurel Crossing, APL Residential is adding to its ever growing multifamily portfolio. Over the past year, Amzak has acquired over 1,200 multifamily units in the Tampa market across two of its divisions.
"We are excited about the Tampa market and the increasing demand for rentals in multifamily," said Luis Espinal Vice President of Real Estate Investments for Amzak.
About Amzak Capital Management
Amzak Capital Management is a private investment firm owned by the Kazma family. Amzak's current portfolio is comprised primarily of direct equity investments, fixed income securities, and real estate projects. Amzak's real estate practice seeks to invest between $5 million to $20 million per transaction in the form of common equity, preferred equity, or bridge loans. Currently, Amzak's real estate platform is comprised of over 50 properties and over 14,000 units, primarily located in the Southeast US.
SOURCE Amzak Capital Management