Current Portfolio

251 North is a 192 unit garden-style apartment community located in Atlanta's popular Fourth Ward District. This district is perfectly positioned between the two major business districts of Atlanta; Midtown and Downtown. 251 North offers the only garden-style apartment in the submarket. Inside the homes residents enjoy unique floor plans; such as a studio layout and a larger loft style floor plan. All apartments come with washers and dryers. Select units offer granite countertops, glass tile backsplash, designer cabinets and faux hardwoods. In addition, the property provides residents with a lounge pool, spacious sun deck, fitness center and cyber cafe.

The Alexander at the District is a 280 unit class "A" apartment community in Atlanta, Georgia. The property is situated in an infill location between two highly regarded Atlanta submarkets, Buckhead and Midtown. The property also features direct, covered and secured access to the adjacent retail amenities of The District at Howell Mill retail complex. Select retailers in this 300,000 sq. ft. retail complex include: Wal-Mart (recently upgraded to a Super Store), PetSmart, Office Depot, Starbucks, Subway and Central City Tavern. Additionally, Alexander is next to the Howell Mill Square Shopping Center, a Kroger anchored neighborhood shopping center. The apartment interiors include granite countertops, stainless steel appliances and faux hardwood plank flooring. The community offers residents numerous amenities including a Starbucks cafe, resort style swimming pool, fitness center, multiple grilling stations and a clubhouse with a full kitchen.

Bartz Ranch is a new development property located in Round Rock, Texas, which is approximately twenty-five miles northeast of downtown Austin. The property is located within close proximity to an array of education and healthcare employers (Texas State University, Austin Community College, Texas A&M University Science Center, Scott and White Hospital and Seton Medical Center to name a few), as well as, being adjacent to Route 35 which provides direct access to downtown and other employment centers. The community is highly amenitized with sweeping views of Round Rock, two swimming pools, clubhouse with fitness center, cyber cafe, business center and outdoor fireplace with conversation pit. Many of the units will have attached garages and interior finishes will be characterized by European style cabinets, island kitchens with granite countertops, tile floors and spacious walk-in closets.

Bayside Apartments is a 148 unit Class B apartment building in Pinole CA. Pinole is located in the East Bay of the greater Bay Area. It has a convenient location about 17 miles north of downtown Oakland and 23 miles north of downtown San Francisco. The location provides great access to employment opportunities in Berkeley, Emeryville, Walnut Creek, Oakland and San Francisco. Abacus will make tactical enhancements to amenity space and unit interiors while managing the asset through the expiration of a below market regulatory agreement allowing for significant growth in operating income during the hold period.

Birwood Heights will be a 312-unit Class “A” apartment community located at the intersection of 1604 and Military Hwy in the northwest quadrant of San Antonio, TX.

Brookside 112 is a 369 unit community in Vancouver, WA. The property includes 1, 2 and 3 bedroom units with washer and dryers in unit. The property is located in a dynamic suburban market roughly 30 miles NE of downtown Portland. Brookside 112 was purchased from an owner who had acquired it as part of a larger portfolio and had been unable to provide the asset specific attention required to maximize operating income. At the time of purchase the Abacus plan is to collapse loss to lease, modernize the outdated renovation program and address deferred maintenance issues including roof leaks and siding that is failing.

Gateway at 2534 is newly constructed 254 unit asset located in Johnstown, CO, 45 minutes north of Denver. The property has an unmatched amenity package and breathtaking views of the front range. Amenities include true resort-style features including BBQ grills for outdoor entertaining, a rooftop retreat space, a top-of-the-line virtual fitness center and workout facility, and a tanning deck and spa area right by a heated saltwater swimming pool.

Level at Sixteenth’s architectural design is refreshingly unique and contemporary. Whether you are mixing poolside with neighbors and friends or retreating to your private sanctuary, you are sure to find the comfort of home here at Level. From the granite slab counters and espresso cabinetry to stainless steel refrigerators and sleek appliances, you’ll find great pleasure in cooking in your gourmet kitchen. Relax the evening away gazing through oversized windows at illuminating city views and breathtaking mountain landscape. Our underground parking garage and elegantly appointed interior corridors boast the exclusivity of the lifestyle you’ve been looking for. Enjoy the ease and convenience of refuse chutes, elevators and intercom guest access.

Parkway Estates is a 318 unit mid-rise asset located in Burnsville, MN. The property has one, two and three bedroom apartments which are undergoing substantial renovation. All common spaces including interior hallways, pool area and club rooms will also be renovated to bring the asset to current status. A new clubhouse will also be constructed to formalize the leasing area and experience.

Parkway Flats will be a 300-unit Class “A” apartment community located at the intersection of Westheimer Road and Eldridge Parkway in the Energy Corridor of Houston, Texas, Harris County, Texas.

Poets Row is a 217 unit community located in the heart of the Capitol Hill neighborhood of Denver. The buildings are all on the National Register of Historic Places and each building is named after a literary giant, like Louisa May Alcott, Mark Twain, or Emily Dickinson. Each building was inspired by the beauty and grace that flourished in the Art Deco, Art Moderne, and Spanish Colonial Revival architectural movements of the 1930's and 1940's.

Point at Perimeter is a 603 unit community located in Dunwoody, GA, one of the most dynamic submarkets in the Southeast. The surrounding area (Perimeter Center) has the largest concentration of office space in all of Georgia with over 29 million square feet of office space and 6 million square feet of retail space. Point at the Perimeter is also located less than one mile from one of the largest regional malls in the Southeast, providing numerous services to nearby residents. The property was originally as two separate phases offering residents two completely separate pools, fitness centers, clubhouses, and entry drives. A majority of the units offer cherry cabinets, black appliances, washer and dryer, walk-in closets, and a patio or balcony.

The fusion of small town comfort with the luxury of downtown living! Welcome to The Residences at 3295 located in the heart of West Seattle. Our community is a place where you will find all the conveniences that urban living has to offer.

Sterling Court Apartments is a 237-unit Class “B” apartment community, located in Las Vegas, Nevada. It is located on the Las Vegas and Henderson border, within 15 minutes of the Las Vegas Strip, Downtown Las Vegas and McCarran International Airport. The property was owned by syndicator our of Colorado who had a management company that operated out of Texas. The property was purchased at 10% discount to its pre-recession peak price. Abacus will create value by utilizing a local institutional operator and making the capital investments required to bring the product in line with the competition.

The Burlington Apartments is a 427 unit mid-rise asset located in St. Paul, MN. The property has studio, one, and two bedroom luxury apartments which are undergoing substantial renovation. All common spaces including interior hallways, pool area and club rooms will also be renovated to bring the asset to current status.

The Davenport is a 442 unit garden style apartment building built between 1973 and 1980. The community features 38 two-story apartment buildings. Amenities for the community include two clubhouses, a fitness center, three swimming pools and a large open area. It is locate in the city of Tempe, Arizona, 11 miles Southwest of downtown Phoenix and 6 miles South of Scottsdale. The community has street front exposure along Mill Avenue – a major north-south artery. In addition, Huntington is located just off the 60 Freeway providing access to points east and west in the region. It sits about 3 miles south of downtown Tempe and Arizona State University.

The Pointe at Cedar Grove is a 188-unit asset that has been rebranded (formerly Colonial Village) and has recently undergone substantial renovations. The renovation program included new asphalt drives, exterior paint job, signage, interior hallways and unit interiors.

Trio is a 22-story class "A" tower located in the popular West Loop submarket in Chicago. The property features condo quality finishes, a large fitness center, and cyber lounge. Trio is less than a half mile walk to the new Google headquarters and a two block walk to the Fulton Market District.

Verdant at Green Valley is a 286-unit, Class “A” apartment complex. The property offers its residents state-of-the-art unit layouts, construction quality and common area amenities, which are entirely unmatched in the Fairfield, CA market. Amenities include: 24-hour fitness center, salt water resort style swimming pool, Clubhouse rooftop terrace with connected gaming room and numerous outdoor fireplaces and grilling areas. The property is conveniently located just off of the I-80 intersection with Suisun Valley Road, a major intersection for the immediate area with retail, entertainment and regional employment centers. The property was purchased in a pre-sale arrangement which allowed Abacus to buy at a discount to market.

Wedgewood Apartments is a 126-unit Class “B” apartment community, located in Sacramento, California. It is located in the Pocket submarket of Sacramento, CA. The property is 10 minutes (7.5 miles) south of downtown Sacramento. Residents have access to all of the employment and entertainment opportunities in downtown Sacramento and the Highway 50 corridor. The property was purchased from a long time owner who did not spend the capital that is required for the property to track with market rents.

Westly Shores is a 360 unit garden-style community in Northwest Tampa, Florida. Westly Shores is located at the intersection of Hillsborough Avenue and Veteran’s Expressway. Hillsborough is a six-lane, primary east-west thoroughfare that connects Downtown Tampa to Clearwater and area beaches. Veteran’s Expressway is a major north-south tollway. The confluence of these two roads results in traffic counts in front of Westly Shores of approximately 80,000 cars per day. The property contains one and two bedroom floor plans, all include a full size washer and dryer. The community offers a large fitness center, resort pool and spa, and spacious clubhouse.

White Pines Apartments is a 123 unit mid-rise asset located in Shakopee, MN. The property has one, two and three bedroom apartments which are undergoing a light renovation. All common spaces including interior hallways, elevator cabs and club rooms will also be lightly renovated to bring the asset to current status.