Group grabs 1,650 apartment units in Texas Group grabs 1,650 apartment units in Texas https://www.recenter.tamu.edu/news/newstalk-texas/?Item=21312014-12-18T09:33:00Z2014-12-18T09:02:00Z

DALLAS - Presidium Group LLC has acquired more than 1,650 apartment units throughout the state in a series of acquisitions over the last two months. The value of the portfolio exceeds $75 million.

The properties include:

•  Dallas: Plaza on Harvest Hill, a 404-unit complex;
•  Dallas: Spring Hill Apartments, a 606-unit complex;
•  Houston: 3737 Hillcroft Apartments, a 381-unit complex;
•  Houston: Colonial Woods, a 112-unit complex; and
•  San Antonio: Cenizo Flats, a 150-unit complex.

Dallas-based Presidium Group will implement a repositioning program for each property that will revitalize the assets to compete within each submarket.

The plans include various levels of unit interior renovations, resident amenity enhancements and common-area upgrades. Presidium will also rebrand the properties within the next few months.

Tag: apartments

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