Hilltop Residential Acquires 300 Unit Apartment Property in Katy, Texas
HOUSTON (June 29, 2017) – Hilltop Residential, a Houston-based multifamily real estate investment company, has acquired a 300-unit apartment property located in Katy, Texas. The Class A property was built in 2007 and offers residents an array of high-quality amenities.
“This purchase is a strategic fit with our acquisition program,” said Greg Finch, president of Hilltop Residential. “Our plan is to maximize cashflow and returns to investors by improving property operations, curing deferred maintenance, and through exterior and interior renovations. We are committed to providing exceptional customer service to our residents.”
Hilltop Residential was formed earlier this year to acquire and renovate multi-family real estate assets that have strong market potential in Texas and the southern U.S. The company invests in cities and neighborhoods with strong demographics and positive employment growth. Target properties are well located, built in 1990 or later, that can be repositioned to meet current high standards associated with exceptional multi-family communities.
About Hilltop Residential
Headquartered in Houston, Hilltop Residential provides investors with tax-deferred income and capital appreciation by acquiring and renovating multi-family properties located in the southern United States. Hilltop invests in cities and neighborhoods with strong demographics and positive employment growth. For more information, visit www.livehilltop.com.