Michaelson Real Estate Group, LLC Expands Texas Portfolio with Acquisition

Michaelson Real Estate Group, LLC announced today its acquisition through a joint venture with a private equity firm based out of California of three Texas apartment communities. Michaelson will have an undisclosed interest in the real estate and will provide customary property management and leasing services for the venture.

“We are excited about these Texas properties. The Dallas metroplex is considered one of the nation’s hottest market, even more so than large cities such as New York and Los Angeles,” said Michael Moses, Chairman and CEO of Michaelson.

The communities are located in Dallas. They are Corey Place Apartments (276 units), The Heights Apartments (79 units) and Brittney Place Apartments (169 units).

Michaelson’s current portfolio includes over 15,000 multifamily units. Michaelson is a full service multi-family housing and commercial real estate management and investment firm. Moses, the principal, is a seasoned real estate executive and entrepreneur with more than 30 years of experience in the multifamily market. In addition to Texas, Michaelson operates in Florida, Tennessee and North Carolina.