Category: Uncategorized

Creative Realty Partners acquired Heritage at Temple Terrace, a 126 unit apartment complex in Temple Terrace, FL, in March of 2019. A $982,800 rehab budget (included in the initial acquisition financing) was allocated for interior, exterior, and amenity improvements. The capital improvements were completed within the first 24 months of ownership and facilitated raising rents to market and increasing… Read more »

Creative Realty Partners acquired the Fountains Apartments, a 101 unit apartment complex in San Antonio, TX, in March of 2018. A $518,000 rehab budget (included in the initial acquisition financing) was allocated for interior, exterior, and amenity improvements. The capital improvements were completed within the first 24 months of ownership and facilitated raising rents to market. By increasing the… Read more »

Creative Realty Partners acquired the Oaks at San Jose, a 200 unit apartment complex in Jacksonville, FL, in February of 2019. A $2,050,000 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. By increasing… Read more »

Creative Realty Partners acquired the Corey Place Apartments, a 276 unit apartment complex in Grand Prairie, TX, in July of 2018. A $1,380,000 rehab budget (included in the initial acquisition financing) was allocated for interior, exterior, and amenity improvements. The capital improvements were completed within the first 24 months of ownership and facilitated raising rents to market. By increasing the… Read more »

Creative Realty Partners acquired the Villas at 17th Apartments, a 130 unit apartment complex in Kissimmee, FL, in September of 2016. A $250,000 rehab budget (included in the initial acquisition financing) was allocated for interior, exterior, and amenity improvements. The capital improvements were completed within the first 24 months of ownership and facilitated raising rents to market, tapering expenses, and… Read more »

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 »

Creative Realty Partners acquired the Planters Walk Apartments, a 216 unit apartment complex in Jacksonville, FL, in February of 2017. A $438,550 rehab budget (included in the initial acquisition financing) was allocated for interior, exterior, and amenity improvements. The capital improvements were completed within the first 24 months of ownership and facilitated raising rents to market. By increasing the rents… Read more »

Creative Realty Partners is pleased to announce the acquisition of three multifamily properties,totaling 714 units, in three high growth markets. The new acquisitions includes: Heritage at Temple Terrace, a 126-unit asset located in Tampa, FL; The Oaks at San Jose, a 200–unit community located in Jacksonville, Florida; and Escondido Village, a 388-unit community also located in San Antonio, Texas. All three properties in demonstrate physical and operational value-add opportunities. With over $5.5 million dollars… Read more »

Creative Realty Partners acquired the Pepper Place Apartments, a 88 unit apartment complex in Richardson, TX, in November of 2014.   A $709,000 rehab budget (included in the initial acquisition financing) was allocated for interior, exterior, and amenity improvements.   The capital improvements were completed within the first 24 months of ownership and facilitated raising rents to market, tapering expenses, and increasing… Read more »