News
Get the latest press releases and news about Emma Capital.
Emma Capital Successfully Completes Initial Closing of the Capital Raise for Emma Capital Investments VALUE ADD Fund I for a Total Amount of US$70,050,000
Emma Capital Solidifies Its Presence in Indianapolis with the Purchase of The Courts I and Courts II Apartments, a Combined 484 Units, at a Purchase Price of USD 38,500,000
Emma Capital Continues Its Expansion in Indianapolis With the Purchase of 496 Units in Two Transactions, Bringing Its Total Acquisitions to Date to Approximately 9,000 Units
Emma Capital Announces its 32nd U.S. Multi-Family Property Acquisition, the Purchase of Avenues 85, a 392 Unit Multi-Family Complex Located in Atlanta, Georgia
Emma Capital Announces its 31st U.S. Multi-Family Property Acquisition, the Purchase of Zazu Apartments, a 184 Unit Multi-Family Complex Located in Phoenix, Arizona, Bringing the Value of its Total Acquisitions to date to Approximately U.S. $1,000,000,000
Emma Capital Expands into Indianapolis, Its 7th U.S. Market, with the Purchase of 849 Units in Three Transactions at a Combined Purchase Price of $US 63,850,000
Emma Capital Expands into Nashville, Tennessee with its 26th Acquisition, the Purchase of Newport Apartments (Formerly Canterchase), a 235 unit Apartment Community at a Purchase Price of $US 21,000,000
Emma Capital Expands Its Portfolio to Over 6,000 Units With The Purchase of Avalon Heights Apartments (Formerly Stanford Reserve And Grand Terraces) Consisting of 550 Units Located in Charlotte, North Carolina at a Combined Purchase Price of $US 53,000,000
Emma Capital Expands into Florida with the Purchase of The Adelaide Apartments (Formerly Advenir at Broadwater), a 408 Unit Apartment Community Located in Orlando, Purchase Price of $US 47,000,000
Emma Capital Continues Its Expansion Into the Carolinas With The Purchase of 180 West Apartments (formerly Landmark at Chelsea Commons) Consisting of 250 Units Located in Carrboro (Raleigh-Durham-Chapel-Hill Triangle) at a Purchase Price of US$23,600,000
Emma Capital Announces Its 20th Multi-Family Property Acquisition In The U.S., Bringing Its Total Number Of Units Acquired to Date to Approximately 5,000 Units
Emma Capital Announces its 19th U.S. Multi-Family Property Acquisition, the Purchase of 3400 Club, a 300 Unit Multi-Family Complex Located in Lawrenceville (Atlanta MSA), Georgia Bringing its Total Acquisitions to date to over US $300,000,000
Emma Capital Announces Its 17th and 18th U.S. Multi-Family Property Acquisitions, the Purchase of Brix on Beech (formerly Georgian Arms) and Somerpoint Apartments in Marietta (Atlanta MSA), Georgia Bringing Its Total Portfolio to Approximately 4,000 Units
Emma Capital Continues its Expansion into the South-East with the Purchase of 555 Mansell Apartments and 50 Stoneview Apartments Located in Roswell and Lilburn, GA.
Emma Capital Announces its 14th U.S. Multi-Family Property Acquisition, the Purchase of Crosswinds Apartments, a 374 Unit Complex Located in Chandler (Phoenix MSA), Arizona
Emma Capital Expands into the Carolinas with the Purchase of Delta Crossing Apartments (178 Units) and Cameron at Hickory Grove Apartments (202 Units) Located in Charlotte, North Carolina at a Combined Purchase Price of US $26,916,000
Emma Capital Announces its 11th U.S. Multi-Family Property Acquisition, the Purchase of Berkeley Landing Apartments, a 240 Unit Multi-Family Complex Located in Duluth (Atlanta MSA), Georgia Bringing its Total Acquisitions to date to over US $150,000,000
Emma Capital Announces its 9th U.S. Multi- Family Property Acquisition, the Purchase of Princeton Heights Apartments (Formerly Known as Highland Valley Apartment Homes), a 300 Unit Multi-Family Complex Located in Norcross (Atlanta MSA), Georgia
Emma Capital Announces its 8th U.S. Acquisition, the Purchase of Ridge Point Apartments, a 164 Unit Multi Family Complex Located at 50250 Peoria Ave., Glendale, AZ 85302
Emma Capital announces its 7th U.S. Acquisition, the Purchase of Valencia Park Apartments, a 508 unit complex in Peachtree Corners (MSA Atlanta, GA) for US $28.2 Million
Emma Capital Announces the Completion of the Purchase of Dunfield Place, its 1st Acquisition in Metro Atlanta, Georgia and its 6th Acquisition in the U.S.
Emma Capital Announces Its 5th Acquisition – Cedar Court, a 116 Multi Family Complex, Located at 5215 Peoria Ave., Glendale, AZ 85302
Emma Capital announces the completion of the acquisition of 288 Multi family complex, located at 945 W. Broadway Rd., Mesa, Arizona
TORONTO, June 2 2014
Emma Capital announces the completion of the acquisition of 288 Multi family complex, located at 945 W. Broadway Rd., Mesa, Arizona
Emma capital Investments Inc. (“Emma Capital”) is pleased to announce the completion of the acquisition of Sendero Ridge, a 288–unit garden style multi family apartment community located at 945 W. Broadway, Mesa (submarket of Phoenix), Arizona (the “Property”) at a purchase price of US$15.0 Million. This is Emma Capital’s fourth acquisition in the greater Phoenix market.
The property features extensive amenities consistent with Emma capital’s established portfolio and benefits from its close proximity to several employment centers and major transportation corridors, including downtown Phoenix. A significant opportunity exists for Emma Capital to increase the value of the property through a unit interior upgrade program, with only a small percentage of the units updated by the prior owner.
About Emma capital
Emma Capital was founded in 2012 and specializes in the identification, financing, acquisition and operation of multi-family residential complexes, particularly in the Sun Belt and Midwestern states in the U.S.
The typical Emma Capital project involves 100+ class “B” apartment communities with value-add opportunities, delivering strong cash flow and long-term appreciation while preserving capital.
To date, Emma Capital’s portfolio consists of total asset value of approximately US$1.2 Billion of property and approximately 10,000 units in the Phoenix, Atlanta, Charlotte, Nashville, Orlando, Indianapolis and Raleigh/Durham markets.
For further information:
Please contact Haya Zilberboim (haya@emma-capital.com) at (647) 686-5594 or Oz Cohen (oz@emma-capital.com) at (416) 731-4849.
Sample Properties
View a sample of the properties which Emma Capital has acquired and is managing.
Leadership Team
Emma Capital’s leadership team is comprised of top-tier professionals with deep experience, established reputations and extensive contacts in the real-estate community.
Investment Philosophy
Our mission is to provide risk averse investment opportunities to our investors, delivering strong cash flow and long-term appreciation while preserving capital.
