Firm News

Pircher, Nichols & Meeks Represents Sponsor in Formation of Programmatic Joint Venture to Acquire up to $269 Million in Multifamily Properties


Pircher, Nichols & Meeks recently represented Eagle Property Capital Investments LLC (EPC) in the formation of a programmatic joint venture with an affiliate of Belay Investment Group LLC to acquire as much as $269 million worth of multifamily properties in Texas and Florida.

The joint venture immediately acquired a 49% interest in a five-property portfolio previously assembled by EPC, and will seek to acquire additional Class B and C properties that have 150 or more units.

Pircher attorneys Daniel B. Guggenheim and Michael R. Ray represented EPC in the transaction.

An article on this topic was published online in Law360 on Feb. 23. A link to that article may be found here.