{"id":144253,"date":"2026-01-30T16:20:15","date_gmt":"2026-01-30T16:20:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/144253\/"},"modified":"2026-01-30T16:20:15","modified_gmt":"2026-01-30T16:20:15","slug":"altus-equity-group-expands-footprint-with-acquisition-of-two-multifamily-communities-totaling","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/144253\/","title":{"rendered":"Altus Equity Group Expands Footprint with Acquisition of Two Multifamily Communities Totaling"},"content":{"rendered":"

\"Altus<\/p>\n

LUBBOCK, TX – Altus Equity Group completed the acquisition of a 279-unit multifamily portfolio in Lubbock, Texas, reinforcing the firm’s continued investment activity as it actively deploys capital amid ongoing uncertainty across the real estate capital markets.<\/p>\n

The off-market transaction reflects Altus’ disciplined approach to identifying cash-flowing assets with strong in-place performance and financing structures that provide flexibility across market cycles.<\/p>\n

“This acquisition is consistent with how we approach investing\u2014prioritizing durable operations, downside protection, and the ability to adapt as market conditions evolve,” said Andy Eicher, Senior Vice President of Investments at Altus Equity Group. “We remain active in sourcing and executing opportunities where pricing, operations, and capital structure align.”<\/p>\n

The portfolio consists of two adjacent communities\u2014Bentwood Apartments and Bend at Bentwood Apartments\u2014located along Loop 289 near major retail and employment centers. At closing, the properties were approximately 99% occupied and financed with long-term, fixed-rate assumable debt. No renovation program is planned.<\/p>\n

The transaction capped an active year for Altus. In 2025, the firm acquired eight multifamily properties across West Texas, expanded into small-bay industrial with a 160,000-square-foot acquisition in the Dallas\u2013Fort Worth Metroplex, and launched the Altus Secured Income Fund. The firm expects to continue its acquisition activity and further expand its investment platform in 2026.<\/p>\n


\n Source: Altus Equity Group<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"LUBBOCK, TX – Altus Equity Group completed the acquisition of a 279-unit multifamily portfolio in Lubbock, Texas, reinforcing…\n","protected":false},"author":2,"featured_media":144254,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[235,12871,168,170,169,24736],"class_list":{"0":"post-144253","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-lubbock","8":"tag-acquisition","9":"tag-apartment","10":"tag-lubbock","11":"tag-lubbock-headlines","12":"tag-lubbock-news","13":"tag-multifamily"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/144253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=144253"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/144253\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/144254"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=144253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=144253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=144253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}