HOUSTON, TX – Wood Partners, a national leader in multi-family real estate development, announced, in partnership with Principal Real Estate Investors, the grand opening of its newest luxury residential community – Alta Washington – in Houston, Texas. The seven-tale community features 204 units comprised of one and two-bedroom apartment homes as well as six, three-tale townhouses. Leasing is currently underway with the first go-ins scheduled for early November.
Located in the Memorial Park area just outside of Downtown Houston, the new community offers simple access to several major employment hubs including the Downtown, Galleria/Uptown, and Greenway Plaza areas. For activities outside of work, Memorial Park, which has recently started a multi-million dollar renovation with completion expected in 2028, offers a combination of indoor and outdoor activities including hiking trails, cycling and skating paths, an 18-hole golf course, tennis and croquet courts, an indoor fitness center, swimming pool and a playground with picnic areas.
“The Wood Partners team is excited to start leasing Alta Washington,” said Bart Barrett, Managing Director for Wood Partners. “The community offers residents luxurious living that is right next to one of the most well loved and desirable amenities in the city, Memorial Park.”
Alta Washington is located within the Washington Corridor, one of Houston’s most well loved nightlife areas known for its mix of trendy lounges, sports pubs, live music venues, wine bars and some of the most-loved restaurants in the city.
Located at 6400 Washington Avenue, Alta Washington is near several main roads and freeways including Westcott Street, Shepherd Drive, Allen Parkway, Waugh Drive, Loop 610, and Interstates 10 and 45, giving residents convenient access to the rest of the Houston megaregion, as needed.
The apartment interiors have open-concept floor plans featuring impressive kitchens – with quartz countertops, designer tile backsplash and ENERGY STAR stainless steel appliances – and modern hardwood-style flooring throughout most of the home. Residents will also have the ability to add Whiz Cribs, an upgraded technology package featuring Amazon products, to their apartment home.
State-of-the-art amenities on-site include a clubroom, game room, a seventh-tale sky lounge with a kitchen and dining area, a business center with a conference room and micro-offices, a fitness center and a Luxer One package room. Outdoor amenities include a resort-style swimming pool with outdoor grills located on the third level and a second-tale dog park. All common areas will provide residents with wireless connectivity and will feature the latest in audio/visual technology and urban living design.

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LONG BEACH, NY – Inland Real Estate Acquisitions, LLC announced that it negotiated and closed the buy of an 11-tale, 109-unit multifamily property located in Long Beach, New York. Joe Cosenza, vice chairman of The Inland Real Estate Group, LLC and president of Inland Real Estate Acquisitions, LLC, completed the deal, with help from Michael A. Wilson and Gina R. LaMantia of Equis Law Group, LLC, on behalf of an Inland affiliate.
The property, recently renamed 10 West Apartments, is one of the only ocean-front rental buildings in New York and consists of a one studio, 67 one-bedroom, 38 two-bedroom and three three-bedroom units with 177 rentable parking spaces.
Each unit was renovated in 2015 and 2016 and features gourmet kitchens with quartz countertops, stainless steel appliances, hardwood floors, full size washers and dryers and private balconies with beach and ocean views. 10 West Apartments also offers a variety of community amenities including a two-tale, state-of-the-art fitness center, an outdoor heated swimming pool with ocean views, a library, lounge area and metal storage lockers for resident use.
The building was renovated from 2013 to 2018 following Hurricane Sandy and benefits from a $44 million coastal restoration completed by The U.S. Army Corps of Engineers, in which the beach size was increased to prevent storm and wave action from causing hurt to the local boardwalk and homes.
10 West Apartments premier location with high quality amenities and panoramic ocean views is an attractive option for New Yorkers looking to transition from the city to the suburbs without compromising on luxury, said Cosenza. Whether residents want to take a jog on the boardwalk, check out local grocery shopping or other retail stores, or catch a train to Manhattan, this community offers it all just steps away. 10 West Apartments highly desirable position in Long Beach, combined with its recently upgraded amenities, make this the type of multifamily property we continue to seek for acquisition.
The property was 99 percent occupied at closing.
Since inception, Inland Acquisitions has facilitated more than $48 billion of buys including single-tenant properties, medical office buildings, apartments and retail properties.

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BOSTON, MA – Rockpoint Group, a global real estate investment management firm, announced it has formed an exclusive $250 million joint venture with Resicap, a leading owner and operator of single-family rental homes based in Atlanta, GA. Resicap’s fully integrated real estate platform provides expertise in the acquisition, construction and property management of high-quality rental homes with operations in 34 states and 59 markets. Together, Rockpoint and Resicap expect to buy, renovate, and lease 4,500-5,000 high-quality single-family rental homes at price points affordable to residents of established suburban neighborhoods in the Southeast U.S., Florida, and Texas.
The Resicap venture will expand Rockpoint’s footprint in the single-family rental sector to include a more diversified offering of price points and markets, complementary with Rockpoint’s recently announced $375 million joint venture with Dallas-based Invitation Homes, Inc. With the Resicap venture, Rockpoint expects to become a leading investor in the single-family rental home arena.
Rockpoint co-founder Bill Walton said, “This joint venture is a natural extension of our 26-year history of providing high-quality rental housing in demand-driven markets throughout the United States. We are pleased to partner with Resicap, a leading owner and operator in the single-family rental space.” Rockpoint Managing Member Tom Gilbane added, “We believe that single family rental housing will become a core asset class going forward for many institutional real-estate investors.”
Resicap co-founder Lance Popp commented, “We are delighted to be joining forces with Rockpoint Group, a globally recognized real estate investor and manager who shares our commitment to the residential rental space.” Co-founder Andy Capps added, “We look forward to scaling our portfolio, utilizing our successful platform and Rockpoint’s expertise to provide an exceptional tenant experience.”
Margaret Whelan of Whelan Advisory Group exclusively advised the parties on the venture.

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