Houston Apartment Community Acquired by Indianapolis-headquartered Strategic Capital Partners

INDIANAPOLIS – Sept. 29, 2016-- A 300-unit multi-family apartment community near the famed Houston, Texas Galleria, the largest shopping center in Texas, has been purchased by Strategic Capital Partners, LLC, through its high net worth fund. The purchase was completed in early May of 2016. Terms of the transaction were not available .
“Strategic Capital Partners has focused mostly on the Midwest, mid-Atlantic and Southeast regions” said CEO Gene Zink. “We’re excited about extending our vision to Texas and beyond.”
Strategic Capital Partners focuses on providing value-added solutions to tenants and investors, and has decades of experience in speculative, build-to-suit and project master-planning execution. The company has properties in five markets: Indianapolis, Chantilly, Virginia; Raleigh, North Carolina and Cincinnati, and Houston, Texas totaling more than $300 million in real estate assets.

It was formed in 2005 as a commercial and urban multi-use development company. Its managing partners, Gene Zink and Richard Horn, have worked together for 30 years. Zink and Horn were previously executives of publicly traded Duke Realty (NYSE: DRE). It is motivated by more than profits. Through its efforts in mixed-use redevelopment, the firm is committed to holistic urban improvement.

Responding to market opportunities in the current market cycle and drawing on depth of the team’s experience, and partnering with major private equity funds and institutions Strategic Capital Partners has completed more than $375 million in new transactions in the last 24 months.