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News & Events

JARG Makes Equity Investment Into Tulsa, OK Multi-Family Project

October 31, 2006 – Dallas, Texas. J Alexander Realty Group announced today, an equity investment as part of a $13,511,000 acquisition in Shoreline Apartments, a Class “B”, 464 unit multi-family property, located in Tulsa, OK. The property is expected to yield a 10% preferred return with an anticipated 18%/year return to the JARG Fund II, L.P. The investment horizon is expected to be no longer than 5 years.

"Having had success with Capital Assets in the past, this investment decision was an easy one to make on behalf of our investors"

-A. Christopher Slauer – Managing General Partner, J Alexander Realty Group, Ltd.

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