Argyle Real Estate Partners, Sembler Investments Link to Acquire $1.5B in Multifam Assets – Connect CRE
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Tampa, FL-based Argyle Real Estate Partners and Sembler Investments have formed a new multifamily focused investment venture with plans to acquire over $1.5 billion of apartments in the Southeast and TX during the next two to three years.
The entity will target core-plus and value-add opportunities in high quality, institutional assets built after the year 2000 in markets experiencing major population growth and corporate relocations but still offer a high quality of life for its residents.
“The fundamentals for multifamily remain strong despite the recent macroeconomic and capital market trends,” said Argyle founder and CEO Ryan Reyes. “We believe this dichotomy between the underlying asset class and capital market conditions will present compelling investment opportunities in the months ahead.”
Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.