Equus Capital Partners acquires 232-unit multifamily
GREENSBORO, NC — Equus Capital Partners, Ltd. (Equus) announced that an affiliate has acquired The Reserve at Bridford, a 232-unit garden-style multi-family community located in Greensboro. The acquisition was made on behalf of Equus Investment Partnership XI, L.P. (Fund XI), a fully discretionary $382 million value-add equity fund managed by Equus. Madison Apartment Group, L.P. (Madison), the multi-family operating arm of Equus, will manage the community. “We are excited to expand our multi-family platform into the Greensboro market,” said Pete Naccarato, acquisitions manager of Equus who, along with Nicoletta DeSimone, acquisitions manager, oversaw the acquisition for the firm.