Post Oak Apartments

82-Unit Apartment Community | Houston, Texas | Acquired May 2021 | Current Holding

KEY FACTS

INVESTMENT OVERVIEW

Post Oak Apartments is an 82-unit apartment community in Houston and the largest single property in the current portfolio. Acquired in May 2021, the investment marked a further progression from smaller residential assets into a larger apartment community where scale supports professional property management and a broader operating platform.

OWNERSHIP & VALUE CREATION

• Refinanced through Freddie Mac at 62% loan-to-value, maintaining a meaningful equity cushion while providing long-term financing.
• Managed by affiliated manager Hexa Property Management, creating closer alignment between ownership and day-to-day property operations.
• The asset represents the current direction of the platform: larger Houston multifamily communities supported by professional management and disciplined capital structures.

CURRENT POSITION

Post Oak remains an active holding. A November 2024 third-party appraisal valued the property at approximately $7.40 million, representing an estimated increase of approximately 109% from the acquisition basis.