Ridgmar Townhomes

Opportunity Overview

• Gomel Capital Partners (“Gomel” or the “Sponsor”) is under contract to purchase the Ridgmar Townhomes (the “Property”), comprised of 60 units with 64,600 net rentable square feet.
• The transaction was procured by leveraging our local reputation and professional relationships in the Texas markets.
• The Seller is going through unspecified financial difficulties. As the property is in default, we have been in communication with the lender and have obtained their required approval for the purchase.
• The existing lender is offering to provide new financing in order for us to purchase and stabilize the property.

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