GREENSBORO, NC — Equus Capital Partners, Ltd. (Equus) announced that an affiliate has acquired The Reserve at Bridford, a 232-unit garden-style multi-family community located in Greensboro. The acquisition was made on behalf of Equus Investment Partnership XI, L.P. (Fund XI), a fully discretionary $382 million value-add equity fund managed by Equus. Madison Apartment Group, L.P. (Madison), the multi-family operating arm of Equus, will manage the community. “We are excited to expand our multi-family platform into the Greensboro market,” said Pete Naccarato, acquisitions manager of Equus who, along with Nicoletta DeSimone, acquisitions manager, oversaw the acquisition for the firm.
Madison Apartment Group will manage the community