Sunsail Capital and ZaneCRE Acquire 350-Unit Sarah at Lake Houston Apartment Community in Houston Submarket of Humble, Texas

HOUSTON, TX – New York-based Sunsail Capital and Dallas-based ZaneCRE announced the joint acquisition of Sarah at Lake Houston, a garden-style community located in Humble, Texas, a premier submarket within the Houston MSA. The teams are led by Julia Bykhovskaia at Sunsail Capital, and Iqbal (Ike) Mutabanna and Dustin Howard at ZaneCRE.
The Sarah at Lake Houston is a 350-unit, 2020 construction, Class A+ multifamily community located in the fastest growing submarket within the Houston MSA. The property features unique lakeside living and an exceptional amenities package highlighted by a resort style pool, biergarten, multi-sport simulator, state-of-the-art athletic center, executive business and conference center, and dog park, along with luxurious interior finishes.
The investment leads commented: “We believe in the strength and stability of the Houston metro market and it’s long term growth potential. We are proud to add Sarah at Lake Houston to our real estate portfolio in TX. This property is in a strong position due to its stable, high-income tenant base and superb location. We continue to see strong growth across the state of Texas, led by jobs and population growth and a diverse mix of economic and quality of life benefits for residents throughout the area.”
The property is located less than 10 minutes away from Generation Park, a master plotted commercial development anchored by Fortune 500 company TechnipFMC (2,000+ high tech jobs) and just 30 minutes from downtown Houston (158k+ jobs), The Texas Medical Center (106K employees and Uptown/Galleria (84K employees), and the Port of Houston (67K employees).
Zack Springer of Newmark brokered the transaction. Purvesh Gosalia, also of Newmark, structured the financing for the deal.

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RPM Living Acquires 408-Unit Brentwood Downs Apartment Community in Atlanta’s Fast-Growing Suburban Housing Market

ATLANTA, GA – RPM Living Investments announces the acquisition of Brentwood Downs, a 408-unit garden-style community in Lilburn, Georgia, a suburb of Atlanta experiencing high demand amongst apartment dwellers. The acquisition marks the sixth asset bought by the RPM Multifamily Fund I that launched last year.
Situated northeast of Atlanta s central business district, Brentwood Downs has experienced immense organic rental growth with rates increasing more than 18% over the last year. Located at 500 Pleasant Hill Rd NW, the community boasts spacious units at an average of 1,070 square feet, an attractive feature for those escaping the city and seeking more space.
Brentwood Downs rent rate increase is reflective of Atlanta s overall demand for suburban housing. Gwinnett County, where Brentwood Downs is located, seems to be experiencing it the most with an over 8% YOY growth in employment. The demand is due to rising rents inside the Atlanta loop, which is partly caused by a surge in population growth and supply shortage. This coupled with the rise in remote work has further increased demand for rental housing in the suburbs, where residents are able to choose space over office proximity.
The suburbs of Atlanta continue to see growth as residents leave the city center for more space. The strategic acquisition of Brentwood Down builds on our plans to further expand our national presence in growing markets, says Josh Kahn, Chief Operating Officer, RPM Living Investments.
RPM sourced Brentwood Downs through a direct, off-market relationship with the seller who has owned the community since 2007. The acquisition was financed by First Horizon Banks and adds to RPM s growing footprint in Atlanta and the Southeast region.

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Venterra Realty Completes Second Acquisition in Daytona Beach With 208-Unit The Anatole Garden Apartment Community

DAYTONA BEACH, FL – Venterra Realty recently bought its second multi-family community in Daytona Beach, The Anatole. Originally completed in 1986, the 208-unit property offers one- and two-bedroom garden-style residences that range from 486 – 1010 square feet in five unique floor plans.
The apartments feature open concept layouts, screened-in patios and balconies, washer and dryer, and ample closet space. Each residence is well-appointed with stainless steel double-basin sinks, breakfast bar, pantry, and picturesque views.
The community extends an exciting amenity package that includes two relaxing pools with lounge chairs and pergola, a state-of-the-art 24-hour fitness center, a clubhouse, barbecue/picnic area and bark park.
The Anatole is about 1 mile from the world-well-known Daytona International Speedway, in close proximity to several major employers but far enough removed from the Speedway to avoid traffic, noise and congestion from large-scale events at the facility. Major employers in the vicinity include Halifax Health Medical Center, Embry-Riddle Aeronautical University, the Speedway itself, and dozens of industrial employers centered around the nearby intersection of Interstate-95 and Interstate-4.
Venterra will complete a unit upgrade program, as well as implement its resident-focused programs such as the Live it. Like it. Guarantee., the 48-Hour Maintenance Guarantee, and SMARTLEASING.
“Last month, we started our expansion into the Daytona market with the buy of Tomoka Pointe and are excited to continue our growth in the area with The Anatole,” said John Foresi, CEO of Venterra Realty. “Venterra has become known as a company that is committed to providing a market-leading living experience, and we look forward to identifying opportunities to further enhance the standard of living at The Anatole by implementing Venterra’s customer-focused management platform,” added Venterra Chairman, Andrew Stewart.

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