Tarragon Realty Investors Announces $15.3 Million Acquisition of 158-Unit Apartment Community in New Haven, CT.

PR Newswire | May 20, 2004 | Copyright

Tarragon Realty Investors, Inc. , a homebuilder specializing in the development and marketing of high-density residential communities, today announced the purchase of a 158-unit apartment community located on Fountain Street in New Haven, CT. Tarragon has renamed the community 200 Fountain Apartment Homes. Saul Spitz, Executive Vice President of Acquisitions, originated the transaction on behalf of Tarragon. Financing was provided by GE Real Estate Commercial Finance, which has extended over $200 million in apartment loans to Tarragon over the past three years.

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