RCP PROVIDES EQUITY FOR ACQUISITION OF 185 ACRES FOR MIXED-USE DEVELOPMENT

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GEORGETOWN, TEXAS — Realty Capital Partners (RCP) has formed a company, RCP Georgetown Mixed-Use Land Ltd., to provide equity capital for the acquisition of approximately 185 acres in Georgetown for future development. Tucson, Ariz.-based Bourn Partners is the other party in the limited partnership, which purchased the land in order to hold, entitle, improve and sell it as mixed-use locations. The purchase price was undisclosed.

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