Investors Capital Group Expands Portfolio with Acquisition of Desert Village Townhomes

SEATTLE--(BUSINESS WIRE)--Investors Capital Group (ICG), a firm focused on multifamily real estate investments, is pleased to announce the acquisition of Desert Village Townhomes, in St. George, Utah, from CW Group for an undisclosed price above $50 million. This acquisition adds 184 high-quality units in the St. George submarket of Santa Clara, Utah, to ICG’s expanding portfolio, further solidifying their presence in rapidly growing regions. Desert Village will be the fourth property that ICG