RREAF Holdings, in partnership with 3650 REIT and DLP Capital, has purchased two properties in the Corpus Christi, Texas, market, the trio’s second portfolio acquisition in less than 12 months.
The first property, Windy Shores in Aransas Pass, is build-to-rent with 155 total units constructed in 2004. Windy Shores features a pool, fitness center, basketball court, running track, park, playground and tennis court. Pearl Point, the second asset, features a garden-style, multifamily property in Rockport, an affluent suburb of Corpus Christi. Built in 2020, the property has 216 units, a resort-style pool, a fitness center and a business center.
“The closing of the two acquisitions in Corpus Christi marks our second portfolio with 3650 REIT and DLP Capital to supply much-needed, quality housing options for residents,” said Kip Sowden, CEO of RREAF Holdings. “These communities are the third and fourth that RREAF has acquired in the Corpus Christi area in the past two
