SOURCE: Dome Equities

Dome Equities

November 09, 2011 16:00 ET

Dome Equities LLC Announces the Acquisition of Park at Clearwater

NEW YORK, NY--(Marketwire - Nov 9, 2011) - Dome Equities LLC, in partnership with a local operating partner, is pleased to announce the acquisition of Park at Clearwater located in Aberdeen, North Carolina. Park at Clearwater is a 280-unit, class A- apartment complex built in two phases in 2000 and 2004. The Property is located near the rapidly growing hub of national retailers in Aberdeen, which currently attracts shoppers from a ten county radius. Park at Clearwater is also convenient to Fort Bragg in nearby Fayetteville, and to numerous other places of employment in the Aberdeen/Pinehurst/Southern Pines region, including the world-renowned Pinehurst golf resort area.

About Dome Equities

Dome Equities is a private equity firm, investing capital in U.S. commercial real estate assets and related entities through joint venture structures with proven operating partners. The company pursues a disciplined investment philosophy that focuses on value-oriented strategies, including property renovation, repositioning, and development. The foundation of Dome's investment platform is an alignment of interest created through a co-investment partnership with knowledgeable operating partners. A proven track record of producing consistently high risk-adjusted returns supports this investment philosophy. Dome's managed portfolio of multifamily and commercial assets currently totals $747 Million.

Contact Information

  • For further information, contact:

    Dome Equities, LLC

    Eric D. Jones, CFA
    Managing Partner

    Louis S. Caiola, Jr.