The Praedium Group completes transactions totaling $2.5 billion in first eight months of 2015

In addition to identifying and selectively acquiring strong assets in solid markets across the country and completing a number of new residential developments, Praedium also liquidated nearly $2 billion of assets to date in 2015. These transactions included 40 apartment properties, or approximately 12,000 units, as well as over 600,000 s/f of office and retail space. "On the disposition side, we took advantage of highly liquid capital markets, while at the same time, we were able to selectively acquire high-quality assets in markets that continue to experience substantial growth," said Russ Appel, president of The Praedium Group. "As a result, we have strategically repositioned our portfolio towards first-class assets in desirable, high-growth submarkets across the country. Our extensive relationships in the industry have brought us many of these deals, and our ability to move quickly gave us a competitive advantage with sellers."