Month: December 2020

Creative Realty Partners acquired the Brittney Place Apartments, a 169 unit apartment complex in Irving, TX, in July of 2018. A $1,014,000 rehab budget (included in the initial acquisition financing) was allocated for interior, exterior, and amenity improvements. The capital improvements were completed within the first 18 months of ownership and facilitated raising rents to market, tapering expenses, and increasing… Read more »

Creative Realty Partners acquired the Heights Apartments, a 79 unit apartment complex in Irving, TX, in July of 2018. A $331,800 rehab budget (included in the initial acquisition financing) was allocated for interior, exterior, and amenity improvements. The capital improvements were completed within the first 18 months of ownership and facilitated raising rents to market, tapering expenses, and increasing… Read more »