Atlantic | Pacific Companies Acquires its 9th Apartment Community in Texas

  

Greg Ward

MIAMI, FL – Florida-based Atlantic | Pacific Companies (A|P Companies) with their co-sponsored fund, Blue Atlantic Partners, completed its 5th acquisition this year – and 9th in the state of Texas – with the acquisition of Vintage Park Apartments located in Houston, TX.

The recently closed transactions increase A|P’s holdings in Texas to over 3,000 units and expands A|P’s regional reach to 35 market-rate multifamily communities. Atlantic | Pacific Management (A|P Management), the property leasing & management platform under A|P, will handle all property management responsibilities for both properties.

The property is located near Vintage Park Shopping, and boasts a full suite of luxury amenities including a swimming pool with splash pad, fire pit, HDTV’s, picnic areas with barbeque grills, business center, 18-seat media room, state-of-the-art fitness center, lush landscaping, a children’s playground, covered parking, and an outdoor seating area with a fireplace.

                  

Vintage Park Apartments, consisting of 324 units, offers residents a range of one and two-bedroom floor plans featuring ceramic tile flooring, modern Whirlpool appliances, marble tile with mosaic accents in bathrooms, garden tubs and full-size stackable washer and dryer. Select units in the community offer island kitchens, walk-in showers and fossilized stone fireplaces.

Vintage Park Apartments, Houston, TX

Greg Ward, Chief Investment Officer, remarked, “Houston is one of the fastest growing metropolitan areas in the country.  

Acquiring a value-added property like Vintage Park Apartments makes this investment compelling.   We are proud to add the community to our portfolio.”

 For more information about A|P Companies and its array of real estate services including development, property management, affordable housing, and construction, visit www.apcompanies.com/management or call (800) 918–1145. Follow A|P on Facebook (@AtlanticPacificCompanies), Instagram (@APCompanies) and Twitter (@APCompanies).

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

Jessica Wade Pfeffer | JWIPR

jessica@jwipr.com | 305.804.8424

Margie Sernik | JWIPR

margie@jwipr.com | 786.200.2516