Spirit Investment Partners, in partnership with Strategic Value Partners (SVP), a global alternative investment firm, on behalf of its and its affiliates managed investment funds and accounts, announced the off-market acquisition of an 895-unit multifamily portfolio from Resia, the U.S. multifamily real estate and modular manufacturing subsidiary of Brazil’s largest homebuilder, MRV&Co. The portfolio comprises of the 573-unit Resia Ten Oaks community in Houston and the 322-unit Resia Rayzor Ranch community in Denton, Texas. Terms of the transaction were not disclosed.
Completed in 2024, the Resia Ten Oaks and Resia Rayzor Ranch properties are high-quality multifamily assets featuring modern amenities and finishings typically associated with class A properties.
“This transaction reflects our strategy of investing in high-quality real assets where strong underlying fundamentals are overshadowed by periods of market dislocation,” said Mike Ungari, global head of
