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ASHLAND GREENE CLOSES ON FUND I

Ashland Greene, a DFW-based vertically integrated owner/operator of DFW multi-family real estate, announces the acquisition of Creekside Apartment Homes in Fort Worth, TX, and Avion Apartment Homes in Irving, TX.

The newly acquired properties add 400 units, expanding the current portfolio to over 2,500 apartment units.

Our focus is always on upside potential for our investors and residents. We continue to be strategic in our acquisitions and are judiciously selecting properties that generate both current income and equity growth,” says Shakti C’Ganti, CEO of Ashland Greene.

Avion Apartments has been rebranded to Wythe Apartment Homes. With its proximity to Highway 183, and its incredible access to the Metroplex’s top attractions this is an exceptionally attractive option for elegant living.

Creekside Apartment Homes is the third Tarrant County property for Ashland Greene. “There is tremendous growth in south and southwest Fort Worth,” says C’Ganti. “We’re excited to bring the unique Ashland Greene approach to the area.”

Creating life-enriching communities is a priority for Ashland Greene. “While Ashland Greene Construction Management is working on the planned rehab and amenity upgrades, the Ashland Greene IMPACT team has already outlined an impressive engagement plan designed to deepen the sense of community and foster engagement and retention,” C’Ganti reveals.

Day-to-day property operations for both properties will be managed by Ashland Greene Living.

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