February 11, 2019

Avesta Summit Sold

Atlantic Creek Real Estate Partners, LLC (“Atlantic Creek”) is pleased to announce the sale of Avesta Summit (“Summit”) on February 11, 2019. An affiliate of Atlantic Creek and its joint venture partner (the “JV”) acquired the 284-unit property on August 17, 2015.

The property is located in San Antonio, Bexar County, TX. Summit is located within the North Central submarket of San Antonio and benefits from its advantageous access to the city’s major employment hubs (USAA & Med Center), school systems, and retail hubs. It is also located less than three miles from the San Antonio International Airport.

Atlantic Creek has offices in New York, NY and Palm Beach, FL and targets direct and joint venture investments in opportunistic and value add office, retail, and multi-family commercial real estate, 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 Joshua Schwalbe, Senior Vice President, in our New York, NY office at (212) 381-7617 or Jon Trucano, Senior Vice President, in our Palm Beach, FL office at (561) 275-7702.