25/07/2022
When we started Akras in 2017, our team never would have thought we could partner on a $50M+ deal impacting affordable housing across the country.... fast forward 5 years, and these types of challenges are a privilege and the FUEL for our lives and the communities we serve!
We're proud to announce we've sold The Bentley, Orlando! Over three years ago our team acquired our largest asset yet in partnership. Now we've gone full cycle, sold and met our target performance for our investors. We also added $13M in value to the asset and took care of thousands of residents who badly needed affordable housing through the COVID-19 Crisis.
Thanks to all of the partners and investors who made this project a success! Especially the partners at Zane CRE as well as the partners Akras Capital: Kristina Knight Stevenson, Linying Zou, and Charlie Stevenson!