Olson Capital Investments Acquires 129-Unit Hacienda Heights Apartment Community in El Paso, Texas Utilizing Blockchain Tokenization

EL PASO, TX – Olson Capital Investments is a private real estate investment firm owned by Obin and Amariah Olson. Yield Crowd is a portal to buy YIELD tokens on the Stellar blockchain. Olson Capital Investments just bought Hacienda Heights, 129 apartment units in El Paso, TX for $7,300,000.
Commenting on their new acquisition, Principal co-founder Amariah Olson stated, “We are excited to finally buy this property. The property is in older condition, ripe for value-add. We intend to renovate the property over the next couple of years, increase rents, and ultimately, the value.”
This is the Olson’s third acquisition within a year, and one of two target acquisitions they are making from the sale of 105 apartments in Dallas, TX which they had bought, renovated and sold for a profit. Publicly traded Arbor Commercial Mortgage provided $4.035m of debt on the property, and Marcus and Millichap #1 commercial real estate investment sales brokerage and capital markets advisory in North America with Global reach, brokered the deal.
“We like parts of Texas that still contain value. Texas has landlord friendly laws that are ideal for renovation plays,” stated Obin Olson.
This acquisition will help bolster their subsidiary, Yield Crowd, which issues tokens backed by corporate bonds on the Stellar blockchain. Investors from all over the world can diversify into U.S. real estate assets, and freely buy and sell to each-other on the Stellar Decentral Exchange at yieldcrowd.com.
The Olson’s have completed over 21 real estate investments in Office, Residential, Multifamily, and Retail, totaling over $80 million in transactions, which they have privately financed with their own equity and institutional debt.

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Keener Investments Acquires 312-Unit Villas at Valley Ranch Luxury Apartment Community in North Houston Submarket of Porter, Texas

HOUSTON, TX – Keener Investments announced that it has bought a 312-unit multifamily property in North Houston. The property will be managed by Keener Management, a wholly owned subsidiary of Keener Investments.
Villas at Valley Ranch is primarily composed of stucco, stone, and Hardiplank exterior apartment buildings that sit behind secured gated access. The community is on 16.4 acres and has luxury amenities such as a resort-inspired pool, covered poolside patio area, fitness center, spacious clubhouse and business center, nature trails, a pet park and much more.
The property is conveniently located near the intersection of Interstate 69 and the Grand Parkway, providing quick and simple access to Downtown Houston, George Bush Intercontinental Airport, and The Woodlands. It is situated in the Houston suburb of Valley Ranch, a 1,400-acre master plotted development with rapidly growing retail and entertainment offerings including Valley Ranch Town Center, Lake Houston Wilderness Park, Randall Reed Stadium, and many proposed or ongoing commercial developments throughout.
We are excited to expand our portfolio into the growing North Houston area with the acquisition of a premier multifamily property in New Caney. The Villas at Valley Ranch Apartments are strategically located at the epicenter of growth for the Grand Parkway in a gorgeous master plotted community, said Stephen A. Smith, Chief Executive Officer of Keener Investments. Villas at Valley Ranch is a Class A, 2008-vintage multifamily property that is well positioned to benefit from the areas growth trajectory and our proven value-add strategy.
Keener Investments has now completed over half a billion in transactions since 2016 and is continuing to actively buy multifamily communities in Texas.

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Great Gulf Group and Partners Acquire New Communities for Build-to-Rent Home Developments Across Multiple Texas Markets

SAN ANTONIO, TX – Fantastic Gulf Group, together with its partners Westdale Properties and a large Canadian institutional investor, has bought 787 residential lots across seven master-plotted communities in San Antonio, Austin and Houston, TX, from Forestar Group to build, own, and operate dedicated single-family rental homes.
“This acquisition provides an brilliant entry point into the Houston and Austin markets while increasing Fantastic Gulf’s operational scale across our Texas portfolio. Based on demographic trends and customer preference, we believe the demand for professionally managed rental housing is undersupplied,” said Aole Ansari, Chief Operating Officer, Fantastic Gulf Build-to-Rent. “Land development and construction activities are underway, and we expect to start home deliveries to residents in late 2023. We look forward to future investment opportunities and strengthening our relationship with Forestar.”
Daniel Bartok, Chief Executive Officer of Forestar, said, “These sites provide an brilliant opportunity to include purpose-built single-family rental housing for consumers interested in living in these communities. We are very pleased to bring Fantastic Gulf into our builder program to fulfill the growing demand for this housing option and look forward to growing our relationship.”
Fantastic Gulf’s investment strategy is primarily focused on US Sun Belt states, whose high population growth is driven by strong job growth, low tax and regulatory burdens, affordable housing, low unemployment, and warmer climates. Together with existing projects in Tampa, FL, Charleston, SC, San Antonio, TX and Dallas, TX, Fantastic Gulf’s build-to-rent portfolio is approaching 2,000 lots and homes within one year of operation.

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