Walt Lamperski |
Atlanta, GA – Multifamily
property management firm Stonemark Management has been contracted to manage
another Houston-area community for 29th Street Capital (29SC).
Stonemark is now leasing
Barringer Square Apartments, formerly know as Clear Lake Condominiums. It is
also supervising a $2 million renovation of the community, which has 284 one-
and two-bedroom apartments.
29th Street Capital, a
privately-held real estate investment and advisory firm, acquired the Webster,
Texas community in late September. Stonemark now manages seven communities for
29SC, including five in or near Houston.
“We are excited about the
opportunity to make a big difference in this community,” said Stonemark
President Walt Lamperski.
“Marketing, leasing and supervising large renovations like this are our strong
points, and we look forward to continuing to work closely with 29SC. Our goals
and skills are well-aligned,” he added.
“We are very excited about
this asset’s potential and are looking forward to implementing and executing
our business plan with the Stonemark team,” said Javier Bustillo, 29SC’s Senior Vice President of Acquisitions for
Texas and Georgia.
For a complete copy of the company's news release, please contact:
Terri
Thornton
Partner, Thornton Communications
Partner, Thornton Communications
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