Portfolio Fact Sheet
Sunstone (2008)

Property Portfolio
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The Preserve at Arbor Hills - Dallas, TX
The Preserve at Arbor Hills is a 330 unit multi-family housing complex comprised of 4 two-storey and 13 three-storey buildings. The units range in size between 692 and 1,436 square feet and have an average of 950 square feet. The 15.302 acre property is located in Plano, an upper-class neighbourhood that is central to several major highways, two large upscale malls, and the Dallas-Fort Worth airport. The complex includes a swimming pool, heated spa, professional services room, clubroom, 24-hour fitness centre and picnic areas with barbecue grills. The property is located adjacent to the Arbor Hills Nature Preserve, a 200-acre park featuring areas for jogging, hiking and other outdoor activities.


Acquired:

March 2011 for $16,887,500 USD

 

 

 

 

 

Sold:

 

 

 

 

 

August 2014 for $20,500,000 USD



Azure Creek at Tatum Ranch Apartments - Phoenix, AZ
Azure Creek at Tatum Ranch Apartments is a 160-unit multi-family housing complex comprised of 11 two-storey buildings. The units range in size between 707 and 1,093 square feet and have an average of 875 square feet. The 3.281 acre property is located in Cave Creek in northeast Phoenix, in close proximity to a golf club and neighbourhood shopping, with convenient access to major shopping and freeway systems. The complex includes a pool, spa, 24-hour fitness facility, executive business center, picnic areas, barbeque grills, open air cabana and a dog park.


Acquired:

December 2010
for $17,500,000 USD

 

 

Sold:

 

 

January 2015 for $23,250,000 USD

     
     



Walker Commons - Houston, TX
Walker Commons is a 352-unit multi-family housing complex comprised of 22 three-storey buildings with units ranging in size from 650 to 1,470 square feet. The 18.84 acre property is located in League City, a southeastern suburb of Houston, and includes a clubhouse, athletic center, resort-style swimming pool, outdoor living room with a fireplace, and a poolside cabana with grills for outdoor entertaining.


Acquired:

June 2010
for $29,500,000 USD

   
Sold: June 2014 for $43,800,000 USD



San Brisas Apartments (80% interest) - Phoenix, AZ
San Brisas Apartments is a 208-unit multi-family housing complex comprised of 29 two-storey stucco buildings with units ranging in size from 728 to 1,279 square feet. The 13 acre property is located in Chandler, a southeastern suburb of Phoenix, and includes a pool, social centre, exercise facility and reception building.


Acquired:

November 2009 for $15,200,000 USD

 

 

 

 

 

 

Sold:

 

 

 

 

 

 

August 2014 for $22,640,000 USD

 


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