Nitya Capital Adds Partners to its Houston Apartment Portfolio

Nitya Capital completed the $150 million recapitalization of a portfolio of five Houston apartment properties through a new joint venture with Silverpeak and the Olayan Group.

Houston-based Nitya, which said it delivered a solid net return to its investors in the assets, will continue in its role as an owner-operator of the properties. The Class B properties, totaling more than 1,500 units, are accessible to the city’s major employment hubs.

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