PCCP Partners with Signature Development Group to Acquire Tralee Village in Dublin, Calif.

SAN FRANCISCO, CA – May 19, 2011 – (RealEstateRama) — PCCP, LLC has announced that it has partnered with Signature Development Group to acquire Tralee Village, a nearly complete Class A apartment project in Dublin, California. Once complete the high-end, condominium quality apartment community located in the Bay Area will include 130 units. Over the coming months, Signature Development Group out of Oakland, California, will manage various aspects of project completion. PCCP will then transition the property to full-time third party property management in the fall of 2011. Pre-leasing is expected to begin in July with first occupancy for the completed units occurring in August.


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PCCP, LLC is a premier real estate private equity firm focused on commercial real estate debt and equity investments. PCCP has over $6 billion under management in multiple closed-end funds and joint ventures with institutional investors.  With 33 investment professionals and 55 employees across four offices located in New York, San Francisco, Sacramento and Los Angeles, PCCP invests throughout the United States.

Contact:

Los Angeles
222 N. Sepulveda Blvd.
Suite 2222
El Segundo, CA 90245

Phone: 310.414.7870
Fax: 310.414.7872

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