McDowell Properties - Investments, Acquisitions and Target Markets

March 2022

McDowell Housing Partners’ broke ground on The Harmony on Santa Barbara and Allegro at Hacienda Lakes, Naples, Florida

Community members, partners, and government leaders gathered on March 10th to commemorate the construction commencement of three new construction, true affordable, housing developments comprised of 402 total units.

December 2021

Miami Jewish Health partners with McDowell Housing Partners to propose affordable housing in Pembroke Pines

Miami Jewish Health is working with McDowell Housing Partners to build additional affordable housing and health care facilities on its Pembroke Pines campus.

December 2021

McDowell Properties Acquires Hudson Willow Trail Apartments

McDowell Properties has acquired Hudson Willow Trail Apartments in Norcross, GA. Built in 1985, the 224-unit complex is well-located in the Atlanta–MSA, just 30 minutes northwest of downtown Atlanta, positioned along the booming I-85 corridor.

December 2021

McDowell Properties Acquires Caralea Valley Apartments

In a joint venture with CREC Real Estate, McDowell Properties has acquired Caralea Valley Apartments in Concord, North Carolina. Built in 1991, the 233-unit complex is conveniently located in the Charlotte-Concord-Gastonia–MSA, 30 minutes north of downtown Charlotte.

November 2021

McDowell Housing Partners Celebrates Lakeview Preserve Groundbreaking

McDowell Housing Partners celebrated the groundbreaking of its 84-unit workforce housing project in Dallas-MSA, TX with a ceremony in Irving, TX.

October 2021

McDowell Properties Acquires Champions Glen

In a joint venture with Harbert United States Real Estate Fund VII, L.P., along with its parallel fund (“HUSREF VII”), an investment fund sponsored by Harbert Management Corporation, an alternative investment management firm, McDowell Properties has acquired Champions Glen in Union City, Georgia, as part of a two-property portfolio also including Mainstreet at Conyers.

September 2021

McDowell Properties Acquires Oakley Apartments

McDowell Properties has acquired Oakley Apartments in Arlington, TX, an in-fill submarket demonstrating strong workforce demographics. The property is conveniently located within the Dallas-Fort Worth MSA, just 20 miles of downtown Dallas.

July 2021

McDowell Properties Acquires Mainstreet at Conyers

In joint venture with Harbert United States Real Estate Fund VII, L.P. (“HUSREF VII”), an investment vehicle of Harbert Management Corporation, an investment management firm, McDowell Properties has acquired Mainstreet at Conyers in Conyers, GA, a high growth suburb experiencing rapid in-migration, strong job growth, and a desirable quality of life.

July 2021

McDowell Properties Acquires Somerset at the Crossings

In joint venture with CREC Real Estate, a private equity real estate company, McDowell Properties has acquired Somerset at the Crossings in Tucker, GA, a high growth location strategically located within the Atlanta MSA, just 15 miles of downtown.

April 2021

McDowell Properties Acquires Trellis Apartments

McDowell Properties has acquired an Atlanta-MSA property for $34.4 million. The 210-unit complex was purchased in joint venture with RSE Capital Partners, a subsidiary of Fundrise.

January 2021

McDowell Properties Acquires Chase Heritage

In joint venture with RSE Capital Partners, a subsidiary of Fundrise, McDowell Properties has acquired Chase Heritage in Sterling, VA, strategically located within the Dulles Tech Corridor and less than one mile from Dulles International Airport, Dulles Town Center, and numerous other attractive demand drivers.

January 2021

McDowell Properties Acquires Brandon Glen

McDowell Properties has acquired Brandon Glen, located in Conyers, GA, in joint venture with RSE Capital Partners, a subsidiary of Fundrise. The complex is less than a 30-mile drive from downtown Atlanta and is located within a mile of Piedmont Rockdale Hospital, a 138-bed full-service hospital with 1,300 employees.

December 2020

McDowell Properties Purchases B-Piece of $1.295BN Securitization

McDowell Properties, through an affiliate, purchased the "B-Piece" of a recent commercial mortgage securitization at a significant discount to face value. The mortgages are secured by a $1.295 billion portfolio of high quality, diversified real estate throughout the United States.

October 2020

McDowell Properties Acquires Quail Valley on Carmel

Addison, TX – McDowell Properties has acquired Quail Valley on Carmel, located in Charlotte, NC, in an off-market transaction in joint venture with RSE Capital Partners, a subsidiary of Fundrise. The complex is less than a 10-mile drive from CBD and is situated on the desirable south side of Charlotte between Quail Hollow Golf Club and Carmel Country Club.

September 2020

McDowell Properties Acquires Shiloh Green Apartment Complex

Addison, TX – McDowell Properties has acquired the Shiloh Green apartment complex which is conveniently located in Kennesaw, Georgia, just off I-75, approximately 25 miles northwest of Downtown Atlanta.

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