Nitya Capital Closes Significant Multi-City, Multifamily Property Deal Adding Properties in High-Growth US Markets
Summary
HOUSTON--(BUSINESS WIRE)--Nitya Capital, a privately-owned real estate investment firm and operating company, today announced an acquisition of 11 multi-family properties across five major cities – Dallas, Las Vegas, Indianapolis, Nashville, and Los Angeles and in North Carolina. Each of the selected markets is expected to see higher population, income and job growth over the next five years as compared to other U.S. cities. With this new portfolio, we intentionally expand into several high-growth markets where jobs are plentiful, occupancy is stable and growing and the business outlook is strong,” said Swapnil Agarwal, CEO and founder of Nitya Capital. We additionally provide a thorough due diligence process and a holistic, hands-on asset management model, maximizing our attention to detail on all ends of the spectrum. Operational, marketing, and leasing strategies implemented at the site level place heavy emphasis on customer service, which we believe to be paramount in successful property engagement.