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Starboard Realty Advisors Acquire Apartment Community in Spring, TX

Starboard Realty Advisors Acquire Apartment Community in Spring, TX

Starboard Realty Advisors, an Irvine CA-based company that acquires, manages, and operates multi-family, multi-tenant retail shopping centers and QSRs, has acquired the Arden Woods apartment community, a 308-unit, highly amenitized, Class A garden-style community located in Spring, Texas. The transaction amount was not disclosed.

Arden Woods, a mix of 1-, 2-, and 3-bedroom apartments, is located at 24530 Gosling Road in Spring, TX.  John Carr, Ben Fuller, and Tonya Chaffin of Cushman & Wakefield represented the Seller.

“The Arden Woods property is an excellent investment due to the projected 16.8% population increase in the surrounding area by 2026. We look forward to the opportunity it presents our investors”, said Bill Winn, CEO of Starboard Realty Advisors, LLC.

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About Erik Hamilton

Erik Hamilton, who has more than 15 years in CRE journalism, is a former staff writer with the Los Angeles Times and the Orange County Business Journal. In addition to The Times and the OCBJ, he was also a reporter and editor for Crittenden Research, The San Bernardino Sun and UPI. Erik also worked six years in CRE public relations with Los Angeles-based Hoyt Organization, where he was a Senior Account Executive. He later joined Lee & Associates where he served as the Director of Corporate Communications. There ,in addition to his work with Lee’s CEO, he managed 57 offices nationwide and provided PR, social media and media training for the offices. A graduate of UC Irvine, with a BA in history, he is an avid record collector where he continues to search for a rare Joy Division single.

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