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Transactions - JANUARY 31, 2020

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Artemis JV acquires apartment in Texas

by Andrea Zander

Hilltop Residential, in a joint venture with Artemis Real Estate Partners, has acquired a 308-unit apartment property located in Mansfield, Texas, a suburb of the Dallas–Fort Worth metroplex. Regalia Mansfield is a class A– property that was built in 2015 and offers residents an array of high-quality amenities in an excellent location.

Hilltop Residential was formed in 2017 to acquire and renovate multifamily real estate assets that have strong market potential in Texas and the southern United States. Since its founding two years ago, the company has purchased more than 4,000 apartment units across the state of Texas. Target properties are well located, built in 1995 or later, and can be repositioned to create maximized returns for investors.

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