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29th Street Capital Completes Acquisition of 320-Unit Villas at Hermann Park Apartment Community in Southeast Texas Market

HOUSTON, TX - Privately held real estate investment firm 29th Street Capital (29SC) has acquired Villas at Hermann Park. This marks the firm’s 15th acquisition in the Houston, Texas metro area. Built in 2000, Villas at Hermann Park is a 320-unit, Class A property that luxury residential apartment lifestyle and amenities. Villas at Hermann Park offers high-end amenities including a resort style pool, 24/7 fitness center, and an on-site stop for the Texas Medical Center shuttle. The.

29th Street Capital Closes Sixteenth Houston Metropolitan Area Acquisition With 362-Unit San Cierra Apartment Community

HOUSTON, TX – Privately-held real estate investment firm 29th Street Capital (29SC) has acquired a 362-unit apartment community in Houston, Texas. The purchase of San Cierra Apartments marks the firm’s 16th multifamily acquisition in the state of Texas, totaling more than 5,000 units in the market. Built in 2008, San Cierra is a Class A property in the Cypresswood submarket of northwest Houston. 29SC’s capital improvement plan includes renovating unit interiors by adding.

29th Street Capital Closes Seventh Louisville Area Acquisition With 120-Unit Multifamily Portfolio in Jeffersontown, Kentucky Submarket

JEFFERSONTOWN, KY – 29th Street Capital (29SC), a privately-held real estate operator, has acquired a Class B, 120-unit, three property multifamily portfolio located in the Jeffersontown submarket of Louisville, Kentucky. The new owner will be rebranding the apartments - currently known as Hickory Hill, Farish and Willow Creek - to Skyview Commons. 29SC plans to make improvements to unit interiors including adding upgraded appliances, granite countertops, washers and dryers, modern vinyl.

29th Street Capital Acquires ArtSpace Building in Downtown Louisville for Adaptive Reuse Apartment Redevelopment Project

LOUISVILLE, KY – Privately-held real estate investment firm 29th Street Capital (29SC) announces the acquisition of The ArtSpace building – a 10-story office building located in downtown Louisville. The project marks the firm’s first adaptive reuse redevelopment, which will transform the office space into 45 one- and two-bedroom apartments. The property was built in 1925 and is connected to the historic Brown Hotel and Theatre. Haven Residential, 29SC’s in-house property management company, will oversee management and leasing.   The 46,000-square-foot property is in the heart of one of Louisville’s Qualified Opportunity Zones (QOZ). By developing in a QOZ, 29SC is investing in underserved communities, generating economic growth and providing tax benefits to investors and equity partners.  

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