ZMR Capital is aiming to acquire up to $2 billion of apartment properties over the next 12 months, up from the $1.3 billion of deals it completed over the past year. It’s doing that by broadening its geographic focus from its traditional markets, in Florida, Georgia and Texas. Its focus lately has been on Phoenix and Las Vegas.

The post ZMR Capital Aims for $2Bln of Apartment Buys in Coming Year appeared first on Commercial Real Estate Direct.