HOUSTON – Florida-based Atlantic | Pacific Companies, along with its co-sponsored fund, Blue Atlantic Partners, completed its fifth property acquisition this year – and ninth in the state of Texas – when it added 324-unit Vintage Park Apartments in Houston to its portfolio.
“Houston is one of the fastest growing metropolitan areas in the country,” said Greg Ward, AP Chief Investment Officer. “Acquiring a value-added property like Vintage Park Apartments makes this investment compelling.”
The firm bought the 240-unit Villas at West Road in 2014.
A|P’s other Texas projects include the 256-unit Logans Mill in Austin, the 300-unit Palazzo in San Marcos, the 456-Unit Sutton Place in Dallas, the 240-unit Atlantic Grand Oaks in Austin, the 508-unit Barons in Mesquite, the 418-unit Franciscan at Arlington in Arlington, and the 312-unit Village at Hawks Creek in Fort Worth.
Dec. 28, 2016 Realty News Report Copyright 2016