Ascenda Capital is excited to announce the successful acquisition of two apartment communities, totaling 585 units, in Houston, TX. In September & October of 2021, the firm acquired Towne West Apartments and The Broadway in separate transactions. The firm purchased Towne West Apartments directly from the previous owner in an off-market transaction. The Broadway was… Continue reading Ascenda Capital acquires Two Class A Apartment Communities in Houston
Ascenda Capital is pleased to announce the closing of Bella Vista, a 96 unit property located at 9431 N Loop Dr in El Paso, TX. The property, built in 2017, is located on the Southeast side of El Paso, just 3 miles away from the United States-Mexico border. The property, purchased from the original developer,… Continue reading Ascenda Capital Acquires Bella Vista in El Paso, TX.
Build-to-rent (BTR) is a relatively new asset class that has been quietly gaining traction among both boutique and institutional investors. This exciting new asset class is exactly what it sounds like: a community of high-quality detached single-family rental properties rife with shared amenities. Historically, a developer building a community of single-family homes would follow the… Continue reading Build-To-Rent (BTR): Detached Housing And The Future Of Multifamily
Ascenda Capital is pleased to announce the closing of a two property portfolio located in El Paso, Texas. The 715 unit portfolio consisted of Bungalows at Hueco Estates, a 431 unit property built in 2010, and Puerta Villa Pellicano, a 284 unit property built in 2003. Both properties were purchased from the original developer, Bohannon… Continue reading Ascenda Capital Acquires a Portfolio of Two Apartment Communities in El Paso, Texas.
LOS ANGELES, CA – Ascenda Capital, in partnership with American Landmark Apartments, has arranged the acquisition of a six-property portfolio of apartment communities across Texas consisting of 2,284 units. The rental communities, located in five of the Lone Star State’s fastest-growing markets — Austin, San Antonio, Houston, Irving and The Woodlands – were acquired from… Continue reading Ascenda Capital Arranges Acquisition Of $311 Million Multifamily Portfolio In Texas Growth Markets
Matthew Avital, Founder & Principal of both Ascenda Capital and Ascenda Funding, has been accepted into the Forbes Real Estate Council, an invitation-only community for executives in the real estate industry. Matt was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track… Continue reading Ascenda’s Matt Avital Joins Forbes Real Estate Council
Ascenda Capital and American Landmark Apartments acquired a $311 million property multifamily portfolio with assets located in Texas’ fastest-growing markets–Austin, San Antonio, Houston, Irving and The Woodlands.