Vesta Capital Expands Portfolio with Acquisition of 4 Oklahoma Properties in December 2021.
MANews-(C)2009-2022
California-based multifamily operator Vesta Capital LLC has acquired four Oklahoma apartment communities in December 2021 for a total purchase price of USD 110.4m, the company said
Vesta Capital LLC purchased Riverpark at Kensington (Tulsa), Drexel Flats (Oklahoma City), The Ridge (Midwest City), and The Lofts at North Penn (Edmond) for a combined 1,270 units.
In 2021 Vesta acquired over 3,600 units resulting in 74% growth to the business. This momentum is on track to carry over into the new year...
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