May 3, 2022

AXIO Apartments Acquired

Atlantic Creek Real Estate Partners, LLC (“Atlantic Creek”) is pleased to announce the joint venture acquisition of AXIO Apartments (“AXIO” or the “Property”) in San Antonio, TX. Acquisition of the Property closed on May 3, 2022. AXIO is comprised of a 360-unit, class B/B-, garden-style, multi-family apartment community consisting of 21, two and three-story buildings and one clubhouse/leasing office. The investment plan is to renovate and reposition the Property to take advantage of its convenient location that offers excellent access to several of the San Antonio MSA’s major employment nodes.

AXIO is situated between USAA’s Corporate Headquarters and the South Texas Medical Center, both located less than one mile from the Property. Additionally, the Property benefits from its proximity to The University of Texas at San Antonio and other major employers located in Downtown San Antonio.

Atlantic Creek has offices in New York, NY and Palm Beach, FL and primarily 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 Jon Trucano, Senior Vice President, in our Palm Beach, FL office at (561) 275-7702.