National Property REIT Corp., a Prospect Capital Corporation Portfolio Company, Exits Crown Point Property with a 19.1% IRR and 2.6x Cash-on-Cash MultipleNEW YORK, Oct. 29, 2025 (GLOBE NEWSWIRE) -- National Property REIT Corp. (“NPRC”), a wholly owned portfolio company of Prospect Capital Corporation (
NASDAQ: PSEC), today announced the sale of Crown Point Apartments (“Crown Point”), a multifamily property in Danbury, Connecticut, for $151.75 million, achieving a 19.1% internal rate of return and a 2.6x cash-on-cash multiple on the investment.
National Property REIT Corp. Exits Arlington Park Investment with 2.4 Times Cash on Cash ReturnNEW YORK, Nov. 25, 2024 (GLOBE NEWSWIRE) -- National Property REIT Corp. (“NPRC”) announced today it recently sold its Arlington Park (“Arlington”) multifamily residential property in Marietta, Georgia, for $20.0 million, achieving a 2.4 times cash on cash return on the investment.
National Property REIT Corp. Exits Dylan at Grayson Investment with 1.7 Times Cash on Cash ReturnNEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- National Property REIT Corp. (“NPRC”) announced today it recently sold its Dylan at Grayson (“Dylan”) multifamily residential property in Grayson, Georgia, for $56.7 million, achieving a 1.7 times cash on cash return on the investment acquired in December 2020.
