HALEY REAL ESTATE ACQUIRES MULTIFAMILY PORTFOLIO FOR $51.2M

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OKLAHOMA CITY AND KEMP, TEXAS — Haley Real Estate Group, an Omaha, Neb.-based investment firm, has acquired four multifamily communities for $51.2 million, including Park Place Apartments in Oklahoma City and The Hamlins at Cedar Creek Lake in Kemp. The company plans to invest approximately $12.4 million in capital improvements for the communities. Park Place Apartments includes 223 units and is adjacent to the Oklahoma State Capitol. The Hamlins at Cedar Creek Lake features 208 units, a fitness center, swimming pool, media room, business/conference center, dog park and a playground. The acquisition also included Oakbrook Apartments in Jackson, Miss., and Nantucket Harbor in Shreveport, La.

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