NWJ Companies Announces $11 Million Acquisition In Texas Multifamily Market

NEW YORK, NY and EL PASO, TX (October 3, 2008) -- New York based NWJ Companies, Inc. parent company to customer-centric Signature Community properties, announced today their first major multifamily acquisition in El Paso, TX. The properties are Three Fountains (77 units), Village I (87 units) and Village II Apartments (72 units). NWJ Companies purchased this portfolio for approx. $9 million and intends to invest more than $2 million to upgrade and revitalize the properties to meet the high quality standards Continued...
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