February 23, 2022

Allure and Essence Sold

Atlantic Creek Real Estate Partners, LLC (“Atlantic Creek”) is pleased to announce the sale of an Atlantic Creek affiliate’s interests in Allure and Essence (the “Properties”) on February 23, 2022. An affiliate of Atlantic Creek and its joint venture partner (the “JV”) acquired the Properties in September 2018. The Properties are comprised of 712 total units spread across two adjacent class B+, garden-style, multi-family apartment communities consisting of 30 three-story buildings.

The Properties are located within one mile of the intersection of the President George Bush Turnpike (State Highway 190) and the Dallas North Tollway, are within the highly-acclaimed Plano school district, and are in close proximity to the JP Morgan Chase, Liberty Mutual, State Farm, Toyota, and JCPenney headquarters at Legacy West.

Atlantic Creek has offices in New York, NY and Palm Beach, FL and targets direct and joint venture investments in opportunistic and value add multi-family, office, and other property types primarily located on the East and West Coasts of the U.S., Texas, and other select U.S. markets.

For further information on new acquisitions and joint venture opportunities, please contact Jon Trucano, Senior Vice President, at (561) 275-7702.