SOURCE: Aragon Holdings

Aragon Holdings

December 07, 2015 07:30 ET

Aragon Holdings Tops $1 Billion

LOS ANGELES, CA--(Marketwired - Dec 7, 2015) - Aragon Holdings (www.AragonUSA.com) announced that its Aragon Multi-Family Fund IV ("Fund IV") is fully invested less than one year after the fund was closed to new equity commitments.

Fund IV's $170 million in acquisitions include over 2,200 apartments units across five properties, located in four major metropolitan cities. With the addition of Fund IV's acquisitions, Aragon has increased the market value of its assets under management (AUM) to over $1 Billion.

Aragon recently announced the launch of its next fund, Aragon Multi-Family Fund V ("Fund V"). Fund V will follow the same successful investment strategy used by Aragon's prior funds: purchasing well-located multi-family properties that provide immediate tax deferred returns to its investors through monthly distributions.

"We remain confident in apartment fundamentals, and believe opportunities continue to exist in today's market to successfully acquire well-located properties that deliver current monthly tax deferred income for our investors," said Dan Guy, President of Aragon Holdings. "We are pleased to announce the formation of our fifth Fund, and anticipate beginning to deploy its capital by Q1 2016," Mr. Guy said.

Aragon Holdings is a Private Real Estate Investment and Fund Management Company based in Los Angeles, California, that acquires and manages multi-family assets on behalf of high net worth investors. The company currently owns and manages properties in Albuquerque, Atlanta, Dallas, Denver, Fort Worth, Houston, Kansas City, Orlando, Salt Lake City and San Antonio.

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