Portfolio

Trails at Short Pump Apartment Homes
Acquisition

Trails at Short Pump Apartment Homes

Richmond, VA

350 Apartment Homes

  • Date Purchased: November 2019
  • Asset Class: B, 1989 construction, 3-story apartment homes
  • Structure: Institutional Equity Partner
  • Opportunity: Interior and Amenity Upgrades, Value Add
  • Located in Richmond, VA at 3900 Acadia Lane

Website

Villages at West Laurel Apartments & Townhomes
Acquisition

Villages at West Laurel Apartments & Townhomes

Richmond, VA

503 Apartment Homes & Townhomes

  • Date Purchased: November 2019
  • Asset Class: B,1978/1981/1984 construction, 3-story apartments & townhome
  • Structure: Institutional Equity Partner
  • Opportunity: Interior and Amenity Upgrades, Value Add
  • Located in Richmond, VA at 5541 Olde W. Court

Website

Discovery Gateway
ACQUISITION

Discovery Gateway

Marietta, GA

378 Apartment Homes

  • Date Purchased: September 2019
  • Asset Class: B, 1984 construction, 3-story garden style
  • Structure: Institutional Equity Partner
  • Opportunity: Interior and Amenity Upgrades, Value Add
  • Located in Marietta, GA at 720 Franklin Gateway SE

Website

Discovery on Broad
ACQUISITION

Discovery on Broad

Durham, NC

320 Apartment Homes

  • Date Purchased: March 2018
  • Asset Class: A, 2001 construction, 2-story garden style with direct entry
  • Structure: Institutional Equity Partner
  • Opportunity: Interior and amenity upgrades, value add
  • Located in Durham, NC (Durham County) at 2335 Broad Street

Website

Retreat at Riverside
ACQUISITION

Retreat at Riverside

Lawrenceville, GA

412 Apartment Homes

  • Date Purchased: February 2018
  • Asset Class: A, 1996/1999 construction, 3 & 4 story garden property
  • Structure: Institutional Equity Partner
  • Opportunity: Exterior renovation, interior and amenity upgrades, value add
  • Located in Lawrenceville, GA, (Gwinnett County) at 1000 Duluth Hgwy

Website

Radius Turtle Creek
ACQUISITION

Radius Turtle Creek

Dallas, TX

165 Apartment Homes

  • Date Purchased: August 2016
  • Asset Class: A-, 2001 construction, Podium with 4 stories over 2 levels of parking
  • Structure: Institutional Equity Partner
  • Opportunity: Exterior upgrades, interior, common area and amenity upgrades, value add
  • Located in Dallas, TX in the Uptown/Turtle Creek area at 3604 Cedar Springs, Road

Website

Mosaic at Miramar Town Center
ACQUISITION

Mosaic at Miramar Town Center

Miramar, FL

487 Apartment Homes

  • Date Purchased: December 2016
  • Asset Class: A, 2015 construction, two 5 story, mid rise buildings wrapping structured parking garage, with an additional phase of two and three story townhomes
  • Asset Managed by McCann for Offshore Institutional equity partner
  • Located in Miramar Town Center, Miramar, FL at the intersection near Red Road and Hiatus Road at 11575 City Hall Promenade

Website

Retreat at Wolf Ranch
Development

Retreat at Wolf Ranch

Georgetown, TX

303 Apartment Homes

  • First Delivery Date: 3rd Quarter 2017
  • Final Delivery Date: 2018
  • Asset Class: A, 2018 new construction, 2-3 story garden style apartments and townhomes
  • Structure: Private JV Equity partner
  • Financing: 3 year Construction Loan
  • Investment Objective: Sell or refinance at stabilization
  • Attributes/Location: Adjacent to the 600 square foot Wolf Ranch Town Center in the Hillwood master planned development called Wolf Ranch

Website

Radius West
Development

Radius West

Houston, TX

361 Apartment Homes

  • Construction Start: 4th Quarter 2018
  • Projected Completion: 1st Quarter 2021
  • Asset Class: A+, Surface-parked, elevatored, 4 story apartment community
  • Structure: Private JV Equity Partner
  • Financing: 4 year Construction Loan
  • Investment Objective: Sell or refinance at stabilization
  • Attributes/Location: Part of the master planned Forresta Village just north of Interstate 10 on Greenhouse Road, just west of the Methodist West Houston Hospital Campus and the West Houston Children's Medical Hospital
Springfield Apartments
ACQUISITION SOLD

Springfield Apartments

Durham, NC

288 Apartment Homes

  • Date Purchased: November 2016
  • Asset Class: B, 1986 construction, 2 and 3 story garden style
  • Structure: Institutional Equity Partner
  • Financing: Agency
  • Opportunity: Exterior renovation, interior and amenity upgrades, heavy value add
  • Attributes/Location: Located off Highway 15-501 providing convenient access to Duke University and Chapel Hill
Hickory Creek
ACQUISITION SOLD

Hickory Creek

Richmond, VA

294 Apartment Homes

  • Date Purchased: June 2016
  • Asset Class: B, 1984 construction, three story garden property
  • Structure: Institutional Equity Partner
  • Opportunity: Exterior renovation, interior and amenity upgrades, heavy value add
  • Located in Richmond, VA (Henrico County), at 2344 Hickory Creek Drive
  • Date Sold: April 2019
Retreat at Johns Creek
ACQUISITION SOLD

Retreat at Johns Creek

Johns Creek, GA

352 Apartment Homes

  • Date Purchased: November 2014
  • Asset Class: A, 1997 construction, 3 story garden style
  • Structure: Institutional Equity Partner
  • Financing: Agency
  • Investment Objective: Current Yield & appreciation
  • Attributes/Location: Located off State Bridge Rd in the city of Johns Creek with easy access to I-85 and US 400
  • Date Sold: March 2019
Radius on Grove
Development SOLD

Radius on Grove

Austin, TX

156 Apartment Homes

  • Delivery Date: 3rd Quarter 2017
  • Asset Class: A, 2016 new construction, 3 story garden style
  • Structure: Private JV Equity Partner
  • Financing: 3 year Construction Loan
  • Investment Objective: Sell or refinance at stabilization
  • Attributes/Location: Located on Grove Blvd south of East Riverside Drive in the southeast Riverside corridor
  • Date Sold: December 2018
Discovery at River Bend
ACQUISITION SOLD

Discovery at River Bend

Duluth, GA

256 Apartment Homes

  • Date Purchased: February 2016
  • Asset Class: B, 1985 construction, two story garden property
  • Structure: Institutional Equity Partner
  • Opportunity: Exterior renovation, interior and amenity upgrades, heavy value add
  • Located in Duluth, GA, (Gwinnett County) at 3340 Peachtree Industrial Blvd
  • Date Sold: August 2018
The Crest at Brier Creek
ACQUISITION SOLD

The Crest at Brier Creek

Raleigh, NC

291 Apartment Homes

  • Date Purchased: July 2014
  • Asset Class: A, 2013 construction 3 story garden style
  • Structure: Institutional Equity Partner
  • Financing: Bank Loan
  • Investment Objective: Current Yield + appreciation
  • Attributes/Location: Located north of I-540 in the affluent Brier Creek area
  • Date Sold: August 2017
Discovery at Mountain View
ACQUISITION SOLD

Discovery at Mountain View

Antioch, TN

336 Apartment Homes

  • Date Purchased: November 2012
  • Asset Class: A, 2009 construction, 3 story garden style
  • Structure: Institutional Equity Partner
  • Financing: Agency 7 year fixed rate
  • Investment Objective: Current Yield + appreciation
  • Attributes/Location: Located off of Murfreesboro Pike with easy access to I-24 and downtown Nashville
  • Date Sold: July 2017
The View at Encino Commons
ACQUISITION SOLD

The View at Encino Commons

San Antonio, TX

324 Apartment Homes

  • Date Purchased: January 2013
  • Asset Class: A, 2001 construction, 2 story garden style & floor plans with some attached garages
  • Structure: Institutional Equity Partner
  • Financing: Agency 7 year fixed rate
  • Investment Objective: Appreciation through exterior and interior renovations
  • Attributes/Location: Located just off of US 281 in north San Antonio
  • Date Sold: December 2016
Remington Hills Apartment Homes
ACQUISITION SOLD

Remington Hills Apartment Homes

Austin, TX

208 Apartment Homes

  • Date Purchased: December 2011
  • Asset Class: A, 2008 construction, 2 and 3 story garden style
  • Structure: Institutional Equity Partner
  • Financing: Agency 7 year fixed rate
  • Investment Objective: Current Yield & appreciation
  • Attributes/Location: Located in southwest Austin just off Manchaca Rd. with easy access to I-35
  • Date Sold: September 2016
Radius at Shadow Creek Ranch
Development SOLD

Radius at Shadow Creek Ranch

Pearland, TX

350 Apartment Homes

  • Delivery Date: August 2014
  • Asset Class: A, 2014 new construction, 3 story urban style
  • Structure: Private JV Equity Partner
  • Financing: 3 Year Construction Loan
  • Investment Objective: Sell or refinance at stabilization.
  • Attributes/Location: Located just off SH 288 in the desirable Shadow Creek Ranch master planned community.
  • Date Sold: January 2016
Westpoint at Scenic Vista
ACQUISITION SOLD

Westpoint at Scenic Vista

Fort Worth, TX

264 Apartment Homes

  • Date Purchased: October 2011
  • Asset Class: A, 2008 construction, 3 story garden style
  • Structure: Private JV Equity Partner
  • Financing: Agency 7 year fixed rate
  • Investment Objective: Current Yield + appreciation
  • Attributes/Location: Located at the northwest corner of the I-820 and I-30 interchange
  • Date Sold: December 2015
Phase II - Vista at Lost Lake
Development SOLD

Phase II - Vista at Lost Lake

Clermont, FL

192 Apartment Homes

  • Delivery Date: August 2013
  • Asset Class: A, 2013 construction, 3 story garden style
  • Structure: Private JV Equity Partner
  • Financing: TBD
  • Investment Objective: Sell or refinance at stabilization
  • Attributes/Location: Located just off SR-50 and Highway 27, west of Orlando with easy access to Downtown Orlando and Walt Disney World
  • Date Sold: January 2015
Vista at Lost Lake
ACQUISITION SOLD

Vista at Lost Lake

Clermont, FL

276 Apartment Homes

  • Date Purchased: May 2012
  • Asset Class: A, 2007 construction, 3 story garden style
  • Structure: Private JV Equity Partner
  • Financing: Agency 7 year fixed rate
  • Investment Objective: Current Yield, Appreciation, and Develop Phase II (192 additional units)
  • Attributes/Location: Located just off SR-50 and Highway 27, west of Orlando with easy access to Downtown Orlando and Walt Disney World
  • Date Sold: January 2015
The Barons
ACQUISITION SOLD

The Barons

Mesquite, TX

508 Apartment Homes

  • Date Purchased: May 2007
  • Asset Class: A, 1999 construction, 3 story garden style
  • Structure: SMAG II
  • Financing: CMBS 10 year fixed rate
  • Investment Objective: Current Yield + appreciation
  • Date Sold: January 2015
Villas at West Road
ACQUISITION SOLD

Villas at West Road

Houston, TX

240 Apartment Homes

  • Date Purchased: July 2008
  • Asset Class: A, 2007 construction, 2 story garden style
  • Structure: SMAG II
  • Financing: Agency 10 year fixed rate
  • Investment Objective: Current Yield + appreciation
  • Attributes/Location: Located just off Beltway 8 in northwest Houston
  • Date Sold: December 2014
Shiloh Valley Overlook
ACQUISITION SOLD

Shiloh Valley Overlook

Kennesaw, GA

300 Apartment Homes

  • Date Purchased: January 2007
  • Asset Class: A, 2001 construction, 3 story garden style
  • Structure: SMAG II
  • Financing: CMBS 10 year fixed rate
  • Investment Objective: Current Yield + appreciation
  • Attributes/Location: Located just off I-75 and Barrett Parkway 30 minutes north of Downtown Atlanta
  • Date Sold: December 2014
Harris Bridge Overlook
ACQUISITION SOLD

Harris Bridge Overlook

Dallas, GA

332 Apartment Homes

  • Date Purchased: June 2006
  • Asset Class: A, 2001-2004 construction, 3 story garden style
  • Structure: SMAG I
  • Financing: Agency 10 year fixed rate
  • Investment Objective: Current Yield + appreciation
  • Attributes/Location: Located in Paulding County 45 minutes NW of Downtown Atlanta
  • Date Sold: December 2014
Villas at South Point
ACQUISITION SOLD

Villas at South Point

McDonough, GA

284 Apartment Homes

  • Date Purchased: June 2008
  • Asset Class: A, 2006 construction, 2 story garden style
  • Structure: SMAG II
  • Financing: Agency 10 year fixed rate
  • Investment Objective: Current Yield + appreciation
  • Attributes/Location: Located just of I-75 45 minutes south of Downtown Atlanta
  • Date Sold: December 2014
Carrington Green Apartments
ACQUISITION SOLD

Carrington Green Apartments

McDonough, GA

264 Apartment Homes

  • Date Purchased: January 2008
  • Asset Class: A, 2004 construction, 3 story garden style
  • Structure: SMAG II
  • Financing: Agency 10 year fixed rate
  • Investment Objective: Current Yield + appreciation
  • Attributes/Location: Located just of I-75 45 minutes south of Downtown Atlanta
  • Date Sold: December 2014
Retreat at Vintage Park
Development SOLD

Retreat at Vintage Park

Houston, TX

323 Apartment Homes

  • Delivery Date: December 2013
  • Asset Class: A, 2013 new construction, 3 story urban style
  • Structure: Private JV Equity Partner
  • Financing: 3 Year Construction Loan
  • Investment Objective: Sell or refinance at stabilization.
  • Attributes/Location: Located in Northwest Houston just off SH 249 adjacent to the Vintage Park Lifestyle Center on Louetta Road
  • Date Sold: November 2014
Mission Hills Village
ACQUISITION SOLD

Mission Hills Village

Greenwood, IN

267 Apartment Homes

  • Date Purchased: October 2006
  • Asset Class: B, 1982 construction, 2 story garden style
  • Structure: SMAG I
  • Financing: Agency 10 year fixed rate
  • Investment Objective: Current Yield + appreciation
  • Attributes/Location: Located just off I-65 10 miles south of Downtown Indianapolis
  • Date Sold: October 2014
Jamestown Village
ACQUISITION SOLD

Jamestown Village

New Castle, IN

180 Apartment Homes

  • Date Purchased: October 2006
  • Asset Class: B, 1978 construction, 2 story garden style with some townhomes
  • Structure: SMAG I
  • Financing: Agency 10 year fixed rate
  • Investment Objective: Current Yield + appreciation
  • Attributes/Location: Located just off I-75 45 minutes east of Downtown Indianapolis
  • Date Sold: October 2014
Carrington at Barker Cypress
ACQUISITION SOLD

Carrington at Barker Cypress

Cypress, TX

330 Apartment Homes

  • Date Purchased: November 2010
  • Asset Class: A, 2007 construction, 3 story garden style
  • Structure: Institutional Equity Partner
  • Financing: Agency 10 year fixed rate
  • Investment Objective: Current Yield + appreciation
  • Attributes/Location: Located just off I-290 in northwest Houston
  • Date Sold: April 2014
Laurel Springs
ACQUISITION SOLD

Laurel Springs

Raleigh, NC

122 Apartment Homes

  • Date Purchased: November 2005
  • Asset Class: B, 1986 construction, 2 story garden style
  • Structure: SMAG I
  • Financing: Agency 10 year fixed rate
  • Investment Objective: Current Yield + appreciation
  • Attributes/Location: Located in North Raleigh within minutes of North Hills and RTP
  • Date Sold: April 2014
Laurel Oaks
ACQUISITION SOLD

Laurel Oaks

Raleigh, NC

164 Apartment Homes

  • Date Purchased: November 2005
  • Asset Class: B, 1986 construction, 2 story garden style
  • Structure: SMAG I
  • Financing: Agency 10 year fixed rate
  • Investment Objective: Current Yield + appreciation
  • Attributes/Location: Located in North Raleigh within minutes of North Hills and RTP
  • Date Sold: April 2014
Hunters Glen
ACQUISITION SOLD

Hunters Glen

Raleigh, NC

180 Apartment Homes

  • Date Purchased: April 2005
  • Asset Class: B, 1984 construction, 2 story gardens with screened in porches
  • Structure: SMAG I
  • Financing: Agency 10 year fixed rate
  • Investment Objective: Current Yield + appreciation
  • Attributes/Location: Located 1 mile from NC State in Southwest Raleigh
  • Date Sold: April 2014
Quail Run
ACQUISITION SOLD

Quail Run

Zionsvile, IN

168 Apartment Homes

  • Date Purchased: June 2011
  • Asset Class: B, 1972 construction, 2 & 3 bedroom townhomes with a few one bedroom floor plans
  • Structure: Private JV Equity Partner
  • Financing: Agency 10 year fixed rate
  • Investment Objective: Appreciation through exterior and interior renovations
  • Attributes/Location: Located just off I-65 10 miles north of Downtown Indianapolis
  • Date Sold: March 2014
Retreat at Shadow Creek Ranch
Development SOLD

Retreat at Shadow Creek Ranch

Pearland, TX

370 Apartment Homes

  • Delivery Date: December 2012
  • Date Purchased: May 2012
  • Asset Class: A, 2012 new construction, 3 story garden style
  • Structure: Private JV Equity Partner
  • Financing: 3 year Construction Loan
  • Investment Objective: Sell or refinance at stabilization
  • Attributes/Location: Located just off SH 288 in the desirable Shadow Creek Ranch master planned community
  • Date Sold: February 2014
Estancia at Shadow Lake
Acquisition SOLD

Estancia at Shadow Lake

Houston, TX

324 Apartment Homes

  • Date Purchased: June 2011
  • Asset Class: A, 2005 construction, 3 story garden style
  • Structure: Institutional Equity Partner
  • Financing: Agency 7 year fixed rate
  • Investment Objective: Current Yield + appreciation
  • Attributes/Location: Located off Westheimer Rd. with easy access to the Sam Houston Tollway and I-10
  • Date Sold: December 2013
Villas at Valley Ranch
ACQUISITION SOLD

Villas at Valley Ranch

Porter, TX

312 Apartment Homes

  • Date Purchased: December 2011
  • Asset Class: A, 2009 construction, 3 story garden style
  • Structure: Private JV Equity Partner
  • Financing: Bank Loan 2 year floating rate
  • Investment Objective: Current Yield & appreciation
  • Attributes/Location: Located just off I-59 in northwest Houston with easy access to Beltway 8 and downtown Houston
  • Date Sold: August 2013
Discovery at Rowlett Creek
Development SOLD

Discovery at Rowlett Creek

McKinney, TX

366 Apartment Homes

  • Delivery Date: 2012
  • Purchase Date: September 2011
  • Asset Class: A, 2012 new construction, 2 & 3 story urban style
  • Structure: Institutional Equity Partner
  • Financing: 3 Year Construction Loan
  • Investment Objective: Sell or refinance at stabilization
  • Attributes/Location: Located just off Custer Road in McKinney with easy access to the North Dallas Tollway, SH 121/Sam Rayburn Tollway, and Hwy 75/North Central Expressway
  • Date Sold: June 2013
Discovery at Kingwood
Development SOLD

Discovery at Kingwood

Kingwood, TX

324 Apartment Homes

  • Delivery Date: September 2010
  • Purchase Date: February 2011
  • Asset Class: A, 2011 new construction, 3 story garden style
  • Structure: Institutional Equity Partner
  • Financing: 3 year Construction Loan
  • Investment Objective: Sell or refinance at stabilization.
  • Attributes/Location: Located just off I-59 in the heart of Kingwood in northeast Houston
  • Date Sold: December 2012
Northlake Village Apartments
ACQUISITION SOLD

Northlake Village Apartments

Noblesville, IN

348 Apartment Homes

  • Date Purchased: October 2006
  • Asset Class: B, 1982 construction, 2 story garden style
  • Structure: SMAG I
  • Financing: Agency 10 year fixed rate
  • Investment Objective: Current Yield + appreciation
  • Attributes/Location: Located just off I-65 10 miles south of Downtown Indianapolis.
  • Date Sold: October 2014
Discovery at Shadow Creek Ranch
Development SOLD

Discovery at Shadow Creek Ranch

Pearland, TX

347 Apartment Homes

  • Delivery Date: July 2010-December 2010, completed the lease up in 9 months.
  • Asset Class: A, 2010 new construction, 3 story garden style.
  • Structure: Institutional Equity Partner
  • Financing: 3 year Construction Loan
  • Investment Objective: Sell or refinance at stabilization.
  • Attributes/Location: Located just off SH 288 in the desirable Shadow Creek Ranch master planned community.
  • Date Sold: April 2012
Discovery at Mandolin
Development SOLD

Discovery at Mandolin

Houston, TX

260 Apartment Homes

  • Delivery Date: March 2009-December 2009, completed lease up in 12 months.
  • Asset Class: A, 2009 new construction, 3 story garden style
  • Structure: JV Equity Partner
  • Financing: 3 year Construction Loan
  • Investment Objective: Sell or refinance at stabilization
  • Attributes/Location: Located off SH 249 access road in northwest Houston
  • Date Sold: September 2010