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

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 Acquires ArtSpace Building in Downtown Louisville for Adaptive Reuse Apartment Redevelopment Project - Vimarsana News

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...