Pittsburgh Real Estate Investment Firm Announces Acquisition in Buffalo Market
Birgo, a Fast-Growing Multifamily Investment Company, Celebrates Entry Into Buffalo Market
LOCKPORT, NY, August 23, 2021 — Birgo, a real estate investment group headquartered in Pittsburgh, is proud to announce the acquisition of a 56-unit multifamily property in Lockport, New York. The acquisition is Birgo’s first purchase in the Greater Buffalo Area market.
The firm now owns and operates over 2,000 units throughout Pennsylvania, West Virginia, and New York.
“We’re thrilled to be entering the Upstate New York real estate investment community through our acquisition of Higher Grounds Apartments,” said Daniel Croce, principal of Birgo. “Buffalo is both an exciting and stable market, and we look forward to growing our portfolio there in years to come.”
Joshua Fischer, another Birgo principal, added, “In recent years, Birgo has been studying markets outside of Pittsburgh, and we couldn’t be more pleased with the opportunity to enter the Buffalo market through this acquisition. We’ve got a great property management team in place, and we’re excited to continue offering high-quality, affordable housing and solid investment opportunities in the heartland.”
Higher Grounds Apartments is approximately 30 miles north of Buffalo at 261 Beattie Avenue and is in close proximity to NY-78 and NY-31. It is conveniently located near parks, medical centers, SUNY Empire State College, Niagara County Community College and numerous retail and dining experiences.
The property offers spacious two-bedroom units starting at $825 per month. Amenities include hardwood flooring, laundry facilities, basement storage, in-unit dishwashers and large windows that provide bright, natural light. Apartments at the complex come in a variety of layouts, and they average 850 square feet of living space.
About Birgo
Birgo is a real estate investment company that is focused on workforce housing in the heartland of America. Birgo is mission-driven, and its 65+ employees are committed to the company’s core purpose of “improving lives through real estate.” Headquartered in Pittsburgh, Pennsylvania, Birgo currently has over 2,000 units in Pennsylvania, West Virginia, and New York. Learn more at www.birgo.com and follow us on Instagram, Twitter and LinkedIn.
For additional information, please contact Gigi Vaccaro at (412) 453-8510 or gvaccaro@birgo.com.
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