ORION REAL ESTATE PARTNERS
NEWS
Orion Real Estate Partners Acquires 144-Unit Active Adult Community in Salt Lake City, Utah
Orion Real Estate Partners (“Orion”) announced today that it has acquired Lakeside Village, an active adult multifamily community in Salt Lake City, Utah. Lakeside Village enjoys picturesque views of the Wasatch Mountains and sits on a 7.7-acre site with desirable amenities including a clubhouse, community pond, resident garden and outdoor swimming pool and spa. Built in 1997, 100% of units are
Orion Real Estate Partners Acquires 79-Unit Value-Add Apartment Complex in North Ogden, Utah
Los Angeles-based Orion Real Estate Partners (“Orion”) announced today that it has acquired the Ranches, a build-for-rent townhome community in North Ogden, Utah. Orion purchased the 79-unit apartment community in August 2022 and plans to invest approximately $900k in interior and exterior improvements. The Ranches offers large 1,245 average SF units and sits on a
Orion Real Estate Partners Acquires 180-Unit Value-Add Apartment Complex in San Antonio, Texas
Los Angeles-based Orion Real Estate Partners (“Orion”) announced today that it has acquired Remington Ranch, a garden-style apartment community in San Antonio, Texas. Orion purchased the 180-unit apartment community in June 2022 and plans to invest approximately $2.6mm in interior and exterior improvements. The Property sits on an expansive 7.4-acre
Orion Real Estate Partners Acquires 316-Unit Townhome Style Apartment Complex In San Antonio, TX
A “townhome-style” apartment complex in North Central San Antonio has changed hands. Philadelphia-based real estate investment trust Resource REIT Inc. sold the 316-unit Maxwell Townhomes apartments at 11146 Vance Jackson Road to Orion Real Estate Partners LLC, an investment group with offices in Austin and Los Angeles, according to a
Orion Real Estate Partners Acquires 155-Unit Value-Add Apartment Complex in San Marcos, Texas (Austin MSA)
LOS ANGELES, Dec. 28, 2021 /PRNewswire/ — Los Angeles-based Orion Real Estate Partners (“Orion”) announced today that it has acquired The Timbers, a garden-style apartment community in San Marcos, Texas. Orion purchased the 155-unit apartment community from The Jacobson Company who owned it since 2016 and plans to invest approximately
Newmark Announces Sale of Multifamily Property in West Denver Suburbs
Newmark announces the sale of 52nd Marketplace, a 157-unit multifamily asset located at 7797 West 52nd Avenue in the west suburbs of Denver–Arvada, Colorado. Newmark Executive Managing Directors Andy Hellman and Justin Hunt, Vice Chairmen Terrance Hunt and Shane Ozment, Senior Transaction Managers Amanda Meldrum and Katie Hufnagel and Transaction
Orion Real Estate Partners Acquires 115-unit Value-add Apartment Complex in Provo, Utah
Los Angeles based Orion Real Estate Partners (“Orion”) announced today that it has acquired Lookout Pointe Apartments, a garden-style apartment community in Provo, Utah. Orion purchased the 115-unit apartment community in June 2020 and plans to invest approximately $1.1mm in interior and exterior improvements. The Property is located in an
Orion Real Estate Partners Acquires 64-Unit Newly Constructed, Luxury Apartment Community in Denver MSA at a Significant Discount to Replacement Cost
L.A. based Orion Real Estate Partners (“Orion”) announced today that it has closed on the acquisition of 1600 Hoyt, a 64-unit, Class “A” luxury apartment community in January 2020. 1600 Hoyt offers residents modern and spacious one- and two-bedroom units with an above market parking ratio of 1.25:1. Located in
Orion Real Estate Partners Acquires 98-Unit Value-Add Apartment Complex in Denver MSA
L.A. based Orion Real Estate Partners (“Orion”) announced today that it has closed on the acquisition of Continental Court Apartments, a garden-style apartment community in Denver, Colorado. Orion purchased the 98-unit apartment community in January 2020 and plans to invest approximately $1.7mm in interior and exterior improvements. The Property is
Orion Real Estate Partners Completes 2019 With Record Activity
L.A. based Orion Real Estate Partners (“Orion”) is pleased to recap its successful 2019 with two dispositions of apartment communities totaling $45.2mm and three acquisitions totaling $47.8mm, including the formation of its first Opportunity Zone Fund. These transactions increased Orion’s presence in its targeted markets of Denver, Austin, and San
Orion Real Estate Partners Acquires 93-Unit Value-Add Apartment Complex in Denver MSA
L.A. based Orion Real Estate Partners (“Orion”) announced today that it has closed on the acquisition of Eagle Crest Apartments, a garden-style apartment community in Lakewood, Colorado. Built in 1960, the 93-unit property is located in the Lakewood North submarket, a desirable West Denver infill location surrounded by amenities and
Orion Real Estate Partners Acquires 199-Unit Value-Add Apartments in Austin MSA
L.A. based Orion Real Estate Partners (“Orion”) announced today that it has closed on the acquisition of Triple Crown 2 Apartments, a garden-style apartment community in Austin, Texas. Built in 1973, the 199-unit property is located approximately 4.5 miles from The University of Texas at Austin, 5.5 miles from downtown
Orion Real Estate Partners Acquires 110-Units near University of Denver
A joint-venture partnership between Orion Real Estate Partners (“Orion”) and RSE Capital Partners (“RSE”) announced today the acquisition of Asbury Plaza Apartments in Denver, CO. The 110-unit apartment community is ideally located directly off I-25, the main north-south thoroughfare in Denver, and only minutes from the University of Denver. Additionally,