San Antonio & Dallas

Michaelson Real Estate Group, LLC Launches Into Texas

Michaelson Real Estate Group, LLC announced today that it has expanded its market-leading multi-family property management business into Texas.  The acquisition was completed through a joint venture with a private equity firm based out of California.  It involves five 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 to begin work on the Texas properties.  Michaelson is managing 5 apartment communities for these equity partners in Florida, so we are well-suited to understand the needs and to execute on their vision in Texas.  We have a very solid relationship,” said Michael Moses, Chairman and CEO of Michaelson.

Three communities are located in San Antonio.  They are Ashler Oaks (150 units), Mariposa (132 units), Sierra Royale (108 units).  The other two, The Oaks (147 units) and Pepper Place (88 units), are Dallas communities.

Michaelson’s current portfolio includes over 15,000 multifamily units, primarily in the State of Florida.  Michaelson has been focused on the Orlando market in recent years, closing on 6 properties or 2,000 units in the past twelve months.

About Michaelson

Michaelson Real Estate Group is an entrepreneurial driven, full service apartment management and investment firm  that provides a diversified range of real estate services including: property management, leasing and marketing, and  investment. Michaelson specializes in enhancing multifamily values by utilizing its core marketing, management and  repositioning capabilities. The principal is a   seasoned real estate executive and entrepreneur that has over 30 years 
of experience in the multifamily market including the development, construction, property management and advisory  of over 100,000 multifamily units. 

For further information please contact:

Michaelson Real Estate Group

Michael Moses | mmoses@michaelsongroup.com

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