Casoro Capital, a new private equity company formed by the PPA Group, is open and ready to tackle the Texas multifamily world. The new Austin-based company started rolling out its first $50M fund last week. It is expected that 80% of its deals–exclusively Texas multifamily–will be value-add.
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BISNOW – New Private Equity Company Takes on Texas
Houston Business Journal – New Private Equity Firm Eyes Houston Apartment Market
A new Austin-based private equity company has set its eyes on Houston’s apartment market. Casoro Capital LLC, a new real estate investment firm based in Austin, plans to raise $50 million in private equity to acquire Class B and C apartments in Austin, Dallas, Houston and San Antonio. The new…
GlobeSt.com – PPA Group Forms New Equity Fund
Austin-based The PPA Group has formed a private equity company called Casoro Capital, the entities are announcing today. The company is aiming to raise $5o million. The fund will focus on the Texas multifamily market, particularly Dallas, Austin, San Antonio, and Houston.