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 9 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.
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).
About Atlantic | Pacific Companies
Atlantic | Pacific Companies (A|P) is a fourth generation real estate company operating five distinct platforms: acquisitions; development; property leasing & management; affordable housing; and real estate advisory & asset management. Since the mid 1970's, A|P has purchased, developed, leased and managed residential & commercial properties throughout the United States and currently owns and/or manages more than 28,000 residential units and more than 500,000 square feet of commercial space. A|P employs more than 900 skilled professionals dedicated to the highest level of support and satisfaction found within the industry. For more information, visit www.apcompanies.com/management.
About Atlantic | Pacific Management
Atlantic | Pacific Management is the management platform under Atlantic | Pacific companies. A|P Management is designed to deliver first-class services and oversight to your condominium and multifamily communities. We are an Accredited Management Organization focusing on extensive and continuous training and education for our associates. Our professional Property Managers work directly with residents, unit owners, contractors, attorneys, accountants, and more.