Spirit Investment Partners приобрела портфель из 895 квартир у Resia в Техасе

HOUSTON, TX - Spirit Investment Partners, in partnership with Strategic Value Partners ("SVP"), a global alternative investment firm, on behalf of its and its affiliates managed investment funds and accounts, announced the off-market acquisition of an 895-unit multifamily portfolio from Resia, the U.S. multifamily real estate and modular manufacturing subsidiary of Brazil's largest homebuilder, MRV & Co. The portfolio comprises of the 573-unit Resia Ten Oaks community in Houston and the 322-unit Resia Rayzor Ranch community in Denton, Texas. Terms of the transaction were not disclosed. Completed in 2024, the Resia Ten Oaks and Resia Rayzor Ranch properties are high quality multifamily assets featuring modern amenities and finishings typically associated with Class A properties. While both communities are in attractive, high-growth Sunbelt markets they were delivered during a temporary period of elevated new supply that ultimately impacted lease up and operating performance. "This transaction reflects our strategy of investing in high-quality real assets where strong underlying fundamentals are overshadowed by periods of market dislocation," said Mike Ungari, Global Head of Real Estate at SVP. "Furthermore, by partnering with experienced operators like Spirit, to source proprietary opportunities, we are able to move quickly on compelling investment opportunities and create long-term value through a combination of thoughtful capital and active asset management." Spirit will rebrand the properties, complete the lease up and stabilize operations. Affiliate Spirit Management Services, specializing in managing transitional assets, will take over as property manager for both the Resia Ten Oaks and Resia Rayzor Ranch properties. Tom Scott, of Spirit Investment Partners, who sourced the transaction, remarks "We're finding more opportunities like these, where well conceived projects ran into oversupply headwinds and struggled to reach stabilization. "In partnership with SVP, we have the capital and the flexibility to solve these problems for property owners quickly and discretely for the right opportunities. This is only the beginning of what we expect to be an active period of growth for Spirit." Oaktree provided the acquisition financing for the portfolio that was arranged by Jamie Leachman and Carter Wroblewski from JLL.