CORPUS CHRISTI, TX – DLP Capital, a private real estate investment and finance firm, is excited to announce the buy of Harbor House on Saratoga, a 252-unit Corpus Christi apartment complex, located at 6225 Saratoga Blvd.
The property will be renamed DLP Saratoga and is conveniently located near multiple medical centers, schools, Naval Air Station-Corpus Christi Army Depot, and Texas A&M University-Corpus Christi. Additionally, the Corpus Christi International Airport and Corpus Christi CBD are approximately 10 miles from the property.
DLP Saratoga offers seven different floor plans ranging from 1, 2, and 3-bedroom units, and each unit features luxurious upgrades including stainless steel appliances, granite countertops, vinyl floors, and sleek fixtures that make a desirable modern look. Community amenities include a dog park, sparkling pool, clubhouse, fitness center, basketball court, media room/theater, grilling areas, and covered parking for most cars.
DLP Capital s acquisition of this complex is the latest of many Texas-based projects as the company continues to pursue providing natural, affordable workforce housing to families in the Corpus Christi area.
Investing in a property like DLP Saratoga aligns with our mission of providing housing solutions that are affordable for the local community, said DLP Capital CEO and Founder Don Wenner. Quality housing shouldn t be unattainable, and we hope to appeal to local military members, logistics workers, and students in the area that may be seeking a home closer to work and school.

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MIAMI, FL – PREMIUM sells FIRST Apartments, a 194-unit luxury apartment community ideally located less than a mile from Downtown Miami and Brickell in up-and-coming East Small Havana, for $92,000,000 to Lloyd Jones, a real estate investment firm headquartered in Miami, FL. Walker & Dunlop, Inc brokered the sale.
Construction of the high-end and modern FIRST Apartments project started in March 2020 and was successfully completed as early as fall 2021.
Building on more than 25 years of real estate experience in the European market, PREMIUM Development Inc. was founded in 2017 as the U.S. office of the PREMIUM Group. By tapping into local market expertise, PREMIUM Development Inc. leverages the experience, philosophy, and development values of the PREMIUM Group to identify and develop multifamily projects in urban cores.
“The impressive lease-up performance is a testament to the asset’s appeal and prime location, proximate to key demand drivers, entertainment venues, and transit routes,” said Roger Karré, COO of PREMIUM Development Inc.
Developed with incredible attention to detail and a focus on smart design, FIRST Apartments is the premier luxury rental option in East Small Havana. The community features spacious, luxuriously appointed apartment homes that are complemented by an brilliant amenity package, including health club quality fitness facilities, a resort-style lap pool, and an expansive bark park.
FIFTEEN, another PREMIUM project near the Miami Health District, offering 132 apartment homes within nearly 100.000 sf, will be completed in early 2023.
PREMIUM Development Inc. also bought the 2.3-acre property at 700 West Flagler Street from Presidente Supermarkets just across from FIRST Apartments in 2021. There PREMIUM will develop SON VIDA, a residential building with 375 apartments on up to 16 floors.

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FAYETTEVILLE, NC – Morgan Properties, one of the nation s top three multifamily owners, announced it has bought two Class A apartment communities totaling 642 units in Fayetteville, North Carolina. Morgan Properties bought Westlake at Morganton and The Preserve at Grande Oaks from Walker & Dunlop on behalf of Morganton Development. With the addition of these two communities, Morgan Properties now owns and operates five apartment communities encompassing 1,530 units in Fayetteville, with additional communities in Raleigh, Charlotte, and Salisbury. This acquisition brings the company s current total portfolio to over 93,000 units nationwide.
Since our entry into North Carolina in 2016, we ve seen tremendous success in the Sunbelt region and continue to be opportunistic about acquisitions that increase Morgan Properties presence in these states, said Jonathan Morgan, President of Morgan Properties JV. While Class B has always been our niche, acquiring Class A communities in markets with high population growth and undersupply of multifamily housing, presents an exciting opportunity for Morgan Properties to bring our industry knowledge and top-notch customer service to new residents.
Located one hour south of Downtown Raleigh, the historic town of Fayetteville is home to Fort Bragg, the largest military base in the United States with over 75,000 active soldiers, reserves, contractors, and civilian employees. With direct access to I-95 and close proximity to North Carolina s three-largest cities, Fayetteville s geographic location has attracted major companies like Cape Dread Valley Health Systems, Goodyear Tire Manufacturing Plant, and Mann + Hummel, all of which have become contributors to Fayetteville s economic development.
As the sixth largest city in North Carolina and home to the largest military base in the United States, Fayetteville has remained an attractive market for Morgan Properties since we bought our first three communities there last year, said Jason Morgan, President of Morgan Properties Special Situations & Principal. “We look forward to growing our presence in this attractive market and continuing to build our experience in Class A multifamily across the country.
With an average vintage date of 2007, Westlake at Morganton and The Preserve at Grande Oaks are pet-friendly communities and feature Class-A amenities including a resort-style pool and fitness center with an on-site trainer, business center, entertainment lounge, a movie theater room, and more. The properties offer one-, two-, and three-bedroom, modern-style apartments with premium kitchens and baths, in-unit laundry, new appliances, spacious walk-in closets, and patios. Westlake at Morganton also offers its residents direct access to parking garages. Residents at both communities are in close proximity to well loved destinations including Cross Creek Mall, Freedom Tower Center, and Fayetteville VA Medical Center.
Morgan Properties also plans to do a $7 million value-add enhancement strategy to improve these apartment communities for its residents that will include interior upgrades and smart home technology. Plotted community amenities include a new clubhouse, dog parks, patios for grilling, bike share program and more.

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