A Northwest Arkansas real estate investment firm has closed its first successful exit.
Caisson Capital Partners of Fayetteville sold the 96-unit The Ridges at Bentonville formerly Skyridge Estates) in Bentonville for $12.25 million. The purchase price equals $127,604 per unit.
Tribune Capital, an Oklahoma City, Okla.-based private equity firm, now owns the property on Highway 12 near the Benton County Fairgrounds.