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MVP REIT II Breaks Escrow

MVP REIT II Inc., a publicly registered, non-traded real estate investment trust, has fulfilled its minimum offering of $2 million in subscriptions and broke escrow.

Funds from subscriptions are now available to the REIT for the acquisition of real estate assets and other purposes. Residents of Pennsylvania and Washington will not be admitted until gross offering proceeds exceed $25 million and $10 million, respectively, in shares sold.

MVP REIT II intends to invest in a portfolio of parking facilities located throughout the United States and Canada.

For more MVP REIT II related news, visit their Directory Page here.