redIQ Deal Highlight: Hamilton Point Acquires Two Omaha Assets
redIQ Deal Highlight: Hamilton Point Acquires Two Omaha Assets
redIQ would like to congratulate the team at Hamilton Point Investments for finalizing the acquisition of Vantage at Coventry and Vantage at Stone Creek in Omaha, Nebraska, for $67.3 million. The properties were purchased from Greystone Housing Impact Investors. Hamilton Point Investments received financing from Northmarq. Both assets were completed in 2019.
The Omaha market has remained consistent, with positive trends for office absorption across the city. Development in the city is booming, with large projects like Heartwood Preserve underway.
About redIQ
For over ten years, redIQ has provided a comprehensive and dependable underwriting service for multifamily acquisitions teams, brokers, and lenders focused on mid and large-size assets. redIQ's solutions lead the industry and support the full underwriting process, from standardizing financial documents to producing a final valuation. With our system, analysis takes less time and decision makers can move forward with greater confidence. redIQ users can close more deals, produce better returns, and spend less time worrying about downside.