APRO II is seeking to build upon the prior success of America First Apartment Investors, Inc. (NASDAQ: APRO). APRO I began its operations as a REIT in 2003 and grew its portfolio to include 29 multifamily properties with approximately 6,000 rental units. APRO I was purchased by Sentinel Real Estate Corp. in 2007 for $532 million, generating an internal rate of return of 34.3% for APRO investors.
APRO II, LLC is part of the Burlington Capital family of companies and is managed by America First Real Estate Group LLC. The Burlington Capital Group LLC is an employee owned international investment management organization committed to successfully developing unique business opportunities for institutional, private, and public company investors.
Burlington Capital and the Company are head quartered in Omaha, Nebraska in the historic Burlington Place building.