BET Investments Makes $150M in Property Purchases
BET Investments bought the Abington Shopping Center and a local student housing complex as part of a recent round of $150 million in acquisitions.
Low interest rates have served as one of the big driver of the acquisitions.
In additions to the local buys, the Horsham, Pa real estate company that was formed by Bruce E. Toll, also made out-of-state purchases as it expands its geographic footprint. It bought a student housing project in Tampa, FL and an apartment property in northern Virginia.