SOURCE: Aragon Holdings

Aragon Holdings

February 03, 2010 07:15 ET

Aragon Holdings Is Ranked in Top 100 Buyers of Multifamily Properties by Real Capital Analytics

BEVERLY HILLS, CA--(Marketwire - February 3, 2010) - Larry Clark, president of Aragon Holdings (, announced that Aragon was ranked among the "Top 100 Buyers of 2009" for multifamily properties by the respected research and consulting firm Real Capital Analytics, Inc.

The study, which tracks all multifamily transactions in the United States valued at more than $2.5 million, lists Aragon Holdings at the 55th spot on the list of the 100 most active buyers of apartment properties, with six transactions valued at over $50 million.

"We are pleased to be included among the ranks of leading investors in our sector of the real estate industry, especially since we only began to accelerate our multifamily acquisition program in 2008," said Mr. Clark. He also noted that only four other institutions on the list acquired more properties during 2009 than Aragon Holdings.

"Although the national economy continues to struggle, carefully selected multifamily housing remains an attractive investment," Mr. Clark said. "We believe this is an excellent time to be acquiring properties, and are actively seeking additional properties."

He noted that Aragon's operating strategy is to acquire infill multifamily properties that safely generate immediate double-digit cash-on-cash returns. In addition to that current income, he said, "As the economy rebounds and employment recovers, apartments will be in even higher demand, which will cause this sector to out-perform many other investment categories."

Aragon Holdings is a Real Estate Investment Company based in Beverly Hills, California that acquires and manages income producing assets throughout the United States on behalf of institutional and high net worth investors. It currently has properties in San Antonio, Houston and Dallas, Texas, and is actively seeking to purchase additional properties throughout the Southwest region of the United States.

Contact Information

  • Contacts:

    Larry Clark
    Aragon Holdings
    Email Contact

    Alexander Auerbach
    Auerbach & Co. Public Relations
    Email Contact