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San Rafael Apartments
Santa Fe, N.M.
Virtú Investments sourced the San Rafael Apartments through a strategic brokerage partner who has aided our acquisition of a number of low income tax credit properties. In this case, the low income tax credit restrictions on rents and resident incomes at the property were expiring within the next year, but the seller desired to sell the asset prior to this expiration.
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Cathedral Place Office Building
St. Augustine, Florida
This 1928 office building was brought to Virtú Investments by a strategic development partner specializing in commercial real estate renovation projects. The building was run-down, experiencing high vacancy, with a ground floor bank tenant nearing the end of their lease. The asset was owned by local investors who lacked the energy to continue with the project.
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