Hayman Woods Apartment Properties LLC Acquires Multifamily Community in Suburban Fort Worth, TX

Dallas,TX, July 23, 2012 --  Hayman Woods, LLC (www.haymanwoods.com) announced today the acquisition of Bellagio at Beach Street (ltop left photo), a 398-unit multifamily community located in Haltom City, Texas by a subsidiary of Hayman Woods Apartment Properties, LLC.

Hayman Woods completed the acquisition utilizing $20.5 million of long- term fixed-rate Fannie Mae financing.

                     

“Bellagio at Beach Street is a great acquisition for our investors.  We know the Fort Worth market well and believe this property will continue to improve as the area’s transportation infrastructure improves,” said Jonas Woods, CEO of Hayman Woods.

                       

Bellagio at Beach Street was completed in 2001 and is comprised of 14 residential buildings and a central clubhouse on approximately 16 acres at 4200 Northern Cross Blvd., Haltom City, Texas  76137.

For a complete copy of the company’s news release, please contact:

 Carey Marin

carey@careymarin.com

(214) 914-1157