Author: Matt Compton

29th Street Capital Acquires Lake House at Martin’s Landing; Property is Firm’s 11th Atlanta-Area Acquisition

Roswell, Georgia (September 2020) – 29th Street Capital (29SC), a privately-held real estate operator, has acquired Lake House at Martin’s Landing, a Class B, 300-unit asset located in the North Fulton submarket of Atlanta. 29SC plans to add value to the property with light upgrades to 282 apartments that were previously improved by the seller plus full interior renovations on 18 classic units. The firm will also improve the exteriors and amenities. “This is 29SC’s third acquisition in Atlanta in…

29th Street Capital Acquires Live Oak Place Apartments; Property is Firm’s Second San Antonio-Area Acquisition

San Antonio, Texas (September 2020) – 29th Street Capital (29SC), a privately-held real estate operator, has acquired Live Oak Place Apartments, a Class C+, 308-unit asset located in the Live Oak submarket of San Antonio. 29SC plans to add value to the property by fully renovating 163 apartments and lightly renovating 145 units that were previously improved by the seller. Along with the interior upgrades, 29SC will be improving the exterior finishes and amenities. “This is 29SC’s first acquisition in…

29th Street Capital Acquires Greenhouse Apartments; Property is Firm’s 11th Houston-Area Acquisition

Houston, Texas (August 26, 2020) – 29th Street Capital (29SC), a privately-held real estate operator, has acquired Greenhouse Apartments, a Class A+, 350-unit asset located in the Katy/Cinco Ranch submarket of Houston. 29SC plans to add value to the three-year-old property by upgrading the landscaping, adding a package locker system and making technology improvements. “Growth out west along I-10 has been robust over the past decade,” said Doug Burt, 29SC’s Vice President of Acquisitions in Houston. “Greenhouse is a best-in-class…

29th Street Capital Expands Reach in Atlanta; Royce Baptist to Source Multifamily Acquisitions

Atlanta, GA (July 2020) – Royce Baptist has joined 29th Street Capital as Vice President for the Atlanta market. Baptist will be responsible for sourcing new multifamily acquisitions in the Metro Atlanta area. He will also work closely with property managers on the implementation and oversight of capital and business plans on all assets. Baptist will help bolster the company’s capabilities as he will join forces with Senior VP Javier Bustillo, who has overseen the Atlanta region for six years.…

29th Street Capital Expands to Carolinas; Adam V. Robinson to Source Multifamily Deals

Charlotte, N.C. (July 2020) – Adam V. Robinson has joined 29th Street Capital as Senior Vice President for The Carolinas. Robinson is responsible for all facets of the privately held real estate investment and advisory firm’s activity in the North Carolina and South Carolina markets and will lead all multifamily acquisitions and asset management strategies there. Robinson has over 13 years of real estate investment, development, asset management and value-add experience across a variety of asset types, including multifamily. “Adam…

29th Street Capital Acquires Knollwood Park Apartment Homes, Community is Firm’s Tenth Atlanta-Area Acquisition

Lawrenceville, Ga. (March 6, 2020) – 29th Street Capital (29SC), a privately-held real estate operator, has acquired Knollwood Park Apartment Homes, a 1998 vintage, 142-unit multifamily community located in Lawrenceville, Georgia. 29SC plans to complete full interior renovations, upgrade the amenity spaces and modernize the exterior of the property. “We are excited to be growing our portfolio in  Gwinnett County,” said Javier Bustillo, Senior Vice President of Acquisitions in Atlanta. “The property will benefit from over $240 million of redevelopment…

29th Street Capital Acquires 14220 at Park Row Apartments; Community is Firm’s Tenth Houston-Area Acquisition

Houston, Texas (September 24, 2019) – 29th Street Capital (29SC), a privately-held real estate operator, has acquired 14220 at Park Row Apartments, a 1998 vintage, 318-unit multifamily community located in West Houston. 29SC plans to re-brand the property and implement a smart technology upgrade program. “We are excited to add this asset to our Houston portfolio,” said Doug Burt, Vice President of Acquisitions in Houston. “The property will benefit from continued employment growth in the energy sector and lack of…