A Sampling of RedHill's Portfolio and Venture Relationships
Pecan Creek
| Location | Bedford, TX |
|---|---|
| Number of Units | 240 |
| Year Built | 1981 |
| Joint-Venture Partner | Basis Investment Group |
Built in 1981, Pecan Creek is a 272-unit, 2-story apartment community in the Dallas submarket of Bedford, TX. Pecan Creek boasts a variety of property and unit amenities, including a resort-style pool, clubhouse, fitness center, and more. Its location in the Bedford mid-city suburb gives residents access to various nearby retail, entertainment, and employment nodes. Pecan Creek also has direct access to both the Dallas and Fort Worth metros, including major headquarters like American Airlines and Bell Textron.
Aspenridge
| Location | Vancouver, WA |
|---|---|
| Number of Units | 240 |
| Year Built | 1985 |
| Joint-Venture Partner | Citymark Capital |
Built in 1985 and located in Vancouver, WA, Aspenridge is a 240-unit, 2 & 3-story apartment community. The Property boasts a diversified unit mix with amenities, including private patios/balconies, oversized closets, dining rooms, and more. The community also features a fitness center, laundry room, clubhouse, resort-like pool, and garages/carports. Aspenridge benefits from the city’s tremendous population growth (18.0% over the past 10 years), low unemployment (2.5% for Q3 2021), and a young and educated workforce.
River Oaks
| Location | Salt Lake City, UT |
|---|---|
| Number of Units | 180 |
| Year Built | 1999 |
| Joint-Venture Partner | AIG |
Built in 1999, River Oaks is in the Salt Lake City submarket of West Jordan, UT. The Property totals 180-units and offers its residents various amenities, including a clubhouse, resort-like pool, fitness center with sauna, playground, business center, and covered parking/garages. Its units feature private balconies/patios, walk-in closets, full-size washer/dryers, and more. River Oaks benefits from the city’s tremendous population growth (18.4% over the past 10 years), low unemployment (2.5% for Q3 2021), and a young and educated workforce.
Gravity
| Location | San Diego, CA |
|---|---|
| Number of Units | 325 |
| Year Built | 2021 |
| Joint-Venture Partner | QuadReal |
Gravity is a 325-unit, 5-story apartment community located in the San Diego submarket of Mission Valley. The 2021-build asset includes a fitness center, co-working lounge, rooftop deck with BBQs, a resort-style pool, game room, and more. Its new units feature stainless steel appliances, washer/dryers, balconies/patios, French doors, air conditioning, and other one-of-a-kind features. Gravity benefits from its central location to various employment nodes and little supply growth of under construction properties.
Oaks at Duck Creek
| Location | Garland, TX |
|---|---|
| Number of Units | 348 |
| Year Built | 1984 |
| Acquired Under RH CapCo |
Located in the Dallas submarket of Garland, TX is the Oaks at Duck Creek (formerly Boulders Apartments). The 348-unit, garden-style property provides an array of amenities, including a fitness center, resort-like pool, clubhouse, tennis courts, and more. Its units boast washer/dryer connections, a breakfast bar, fireplaces, private balconies/patios, walk-in closets, pantries, and views. The Oaks provides a rare combination of renovation upside, a rich Property amenity base, and dynamic growth fundamentals to form the most exciting value-add opportunity in Dallas today.
Gateway Place
| Location | Garland, TX |
|---|---|
| Number of Units | 142 |
| Year Built | 1983 |
| Joint-Venture Partner | SeaZen Capital |
Gateway Place is a 142-unit, garden-style apartment building located in the Dallas submarket of Garland, Texas. The property was built in 1983 and features various community amenities, including a resort-style pool, gated community, fireplaces, sundeck, and grilling stations, covered parking, a clubhouse, and more. The units boast private balconies/patios, walk-in closets, fireplaces, ceiling fans, and central heat/AC. Only a 20-minute drive from downtown Dallas, Gateway Place offers its residents a suburban lifestyle while benefiting from its central location to multiple employment centers.
Casa Del Coronado
| Location | Tucson, AZ |
|---|---|
| Number of Units | 208 |
| Year Built | 1982 |
| Joint-Venture Partner | Equity Resource Investments (ERI) |
Built in 1982, Casa Del Coronado is a 208-unit property located in Tucson, Arizona. The property features various amenities, including resort-like pools, a basketball court, playground, courtyards with BBQ grills, covered parking, and more. There are one-, two-, and three-bedroom units with walk-in closets and updated flooring, lighting, and appliances. Casa Del Coronado’s location benefits from the 240,000+ prime renter population and various company expansion in the area, providing strong job growth in the future.
Portofino
| Location | Pittsburg, CA |
|---|---|
| Number of Units | 148 |
| Year Built | 1986 |
| Joint-Venture Partner | Confidential |
Portofino is a 148-unit, garden style multifamily property located in Pittsburg, CA. The property features various amenities, including a fitness center, pool, playground, covered parking, and a controlled-access gate. Its units feature balconies/patios, walk-in closets, open floor plans, and full-size W/D connections. Portofino benefits from its superior location, strategically located in the East Bay and next to the Bay Area Rapid Transit (BART) system, providing accessibility to San Francisco, San Jose, and major employment and retail centers.
Downtown 360
| Location | Salt Lake City, UT |
|---|---|
| Number of Units | 151 |
| Year Built | 2017 |
| Joint-Venture Partner | Citymark Capital |
Downtown 360 is a 151-unit, Class A property in Salt Lake City, Utah. The property features various community amenities including a fitness center, community clubhouse with a media room, and dog park as well as upgraded unit fixtures and appliances to accommodate a modern downtown lifestyle. The property is located in the high-growth submarket of Downtown Salt Lake City’s Pioneer Park District, approximately 10 minutes from Salt Lake City’s International Airport and robust Central Business District.
The Oasis
| Location | Anaheim, CA |
|---|---|
| Number of Units | 312 |
| Year Built | 2009 |
| Joint-Venture Partner | Crow Holdings Capital |
The 6-story asset, located in the Anaheim Canyon submarket, is walking distance to the Anaheim Canyon MetroLink Station and the Kaiser Permanente Hospital—and within five miles of the Platinum Triangle. Anaheim Canyon supports over 75,000 jobs, many of which are in the finance, technology and healthcare sectors. Walkable transit, retail, and access to a number of Southern California’s major cities makes this a very livable community.
The Grove Deer Valley
| Location | Phoenix, AZ |
|---|---|
| Number of Units | 208 |
| Year Built | 1996 |
| Joint-Venture Partner | CreditEase |
Conveniently located in the Deer Valley neighborhood, the 208-unit community has easy access to the I-17 and the Agua Fria Freeway, close to the ASU West Campus, Arrowhead Mall, as well as plenty of fabulous restaurants, shops and entertainment venues. The Grove has a unique vibe to it with modern yet comfortable design. You can choose from one, two or three-bedroom apartments with generously sized master bedrooms and spacious living areas. The pet friendly property has resort-style pools and outdoor firepits that are ideal for spending quality time and feeling right at home.
Solas Glendale
| Location | Glendale, AZ |
|---|---|
| Number of Units | 420 |
| Year Built | 1988 |
| Joint-Venture Partner | Assurant |
Solas Glendale is a 420-unit 3-story garden style middle market workforce housing community located in Glendale, Arizona. The property has excellent proximity to major employment nodes such as the I-17 corridor and Westgate Entertainment District. Solas Glendale has expansive grounds and a highly sought after amenity base within its submarket which includes an Olympic sized swimming pool, two racquetball courts, a basketball court, soccer field and sauna. The property falls into a best in class location within the West Valley.
LuxLiv at Tyler
| Location | Riverside, CA |
|---|---|
| Number of Units | 62 |
| Year Built | 2012 |
| Acquired Under RH CapCo |
LuxLiv at Tyler is a 62-unit, garden-style condominium apartment community located in the highly desirable city of Riverside, just off the 91 freeway which serves as a corridor connecting all of the Inland Empire. Built in 2012, LuxLiv offers an ideal mix of one, two, and three-bedroom units and benefits from having some of the largest floor plans (1,372 sq. ft average) in the area.
Align
| Location | Federal Way, WA |
|---|---|
| Number of Units | 105 |
| Year Built | 1991 |
| Joint-Venture Partner | CreditEase |
Align Apartments is a 105-unit 3-story garden community located in Federal Way, near some of Seattle’s most robust employment nodes- Kent Industrial Valley and the Port of Tacoma. In 2017, the Seattle MSA ranked among the top growing industries with 54,000 jobs added in industries such as Trade, Construction, STEM, Hospitality and Education. Align Apartments is dynamic and poised to ensure convenient access to multifaceted job industries and a safe community for all to enjoy.
Miro at Dash Point
| Location | Federal Way, WA |
|---|---|
| Number of Units | 386 |
| Year Built | 1976/1978 |
| Joint-Venture Partner | PIMCO |
Miro at Dash Point Apartment Homes is a 386-unit community located in Federal Way, Washington. The Property is less than 2-miles away from a future light-rail station that is fully funded, scheduled to open in 2024, and will connect residents directly to Kent, SeaTac, Downtown Seattle, and the greater MSA. The increased connectivity provided by the future light-rail station will enhance the attractiveness of Federal Way to both renters and investors as the submarket will continue to provide relative rental affordability and enhanced connectivity to major employment nodes
Solterra at Civic Center
| Location | Norwalk, CA |
|---|---|
| Number of Units | 192 |
| Year Built | 1987 |
| Joint-Venture Partner | Tokyu Land Corporation |
Solterra at Civic Center, is a pristine garden-style community situated in the hub of the Los Angeles City of Norwalk. Solterra has key access to both LA and Orange county employment hubs—situated less than one mile from the Norwalk/Santa Fe Metro link station and easy access to the I-5, I-605, I-105, and CA-91 freeways. The property is central to an array of shopping, entertainment, and dining. Most importantly the property is a fully secured-gated community hosting unusually large units (and loft units) with spacious patios, and an extensive amenity package.
Hills of Diamond Bar
| Location | Diamond Bar, CA |
|---|---|
| Number of Units | 204 |
| Year Built | 1979 |
| Joint-Venture Partner | Tokyu Land Corporation |
Hills of Diamond Bar is a fully amenitized community offering newly renovated and spacious two- and three- bedroom apartments. The Property is conveniently located near shopping centers, award winning restaurants, and outdoor recreation, and it offers convenient access to the CA-60, CA-57 and I-10 freeways. Residents benefit from access to a top school district in California, and it’s close proximity to Cal Poly Pomona.
Creekside
| Location | Rancho Cucamonga, CA |
|---|---|
| Number of Units | 290 |
| Year Built | 1989 |
| Joint-Venture Partner | Assurant Life |
Creekside Alta Loma, located in Rancho Cucamonga, is in the heart of the foothills of the San Bernardino Mountains. Residents are within the Alta Loma distinguished school district and minutes from Chaffey College making the community an ideal location for students and families. Creekside community is fully secured and residents enjoy countless community amenities such as three large refreshing pool areas, fire pits, therapeutic spas, tennis courts, fitness center, tranquil ponds and a community playground in a park-like setting amongst mature trees and creeks.
Flagstone
| Location | Tempe, AZ |
|---|---|
| Number of Units | 376 |
| Year Built | 1984 |
| Joint-Venture Partner | PIMCO |
Flagstone’s amenities provide residents with three resort-style pools, a spa, a fitness center, and a business center. The Property offers excellent highway access and is adjacent to Arizona State University, and hundreds of thousands of square feet of Class A office space. Flagstone delivers fully upgraded apartments with amenities designed to foster an active lifestyle culture.
RedHill Pines
| Location | Kent, WA |
|---|---|
| Number of Units | 168 |
| Year Built | 1980 |
| Joint-Venture Partner | Assurant Life |
RedHill Pines is located in one of Seattle regions most dynamic employment centers. Sitting in a vibrant neighborhood, RedHill Pines is in close proximity to Kent-Meridian Schools, Clark Lake Park, and footsteps from upscale shopping and fine dining at Kent Station. This beautiful garden style community offers the very best in Northwest apartment living - secure, fully amenitized, with club house and pool in a serene pine setting. Units are spacious with fireplaces and balconies. Kent is a major transportation hub with access to Seattle and Tacoma and other major employment MSA’s.
One Dartmouth Place
| Location | Aurora, CO |
|---|---|
| Number of Units | 418 |
| Year Built | 1973 |
| Joint-Venture Partner | Bridge Investment Group |
One Dartmouth Place is conveniently located within walking distance to beautiful city parks, highly desired retail and a new light rail system providing access to major employment and entertainment centers. The Property features resort style swimming pools and first-class amenities to accommodate a modern living lifestyle.
Pembrooke
| Location | Denver, CO |
|---|---|
| Number of Units | 959 |
| Year Built | 1974,78,80 |
| Joint-Venture Partner | Bridge |
Pembrooke, one of Denver’s largest apartment communities, rests on the prestigious Kennedy Ridge Golf Course, providing scenic course and lake views. The Property is fully amenitized with a newly constructed clubhouse, fitness center, soccer fields, and pools. Tenants enjoy effortless access to nearby parks, retail and a new light rail station connecting residents to the Denver Tech Center, Downtown Denver, and the airport.
Santana
| Location | Denver, CO |
|---|---|
| Number of Units | 384 |
| Year Built | 1984 |
| Joint-Venture Partner | BlackRock |
Santana Ridge allows residents to experience the attractive balance of city convenience and nature’s beauty. The Property is situated near a large shopping, restaurant and entertainment center, and offers ease of access to the Denver Tech Center, Denver Airport, Cherry Creek, and Downtown Denver. The Property includes a full amenity package, and boasts a state-of-the-art fitness center, tennis and basketball courts, and multiple pools.
Mezzo
| Location | Denver, CO |
|---|---|
| Number of Units | 315 |
| Year Built | 1953 |
| Joint-Venture Partner | AEW |
Mezzo Luxury apartments consists of 17-stories of unique luxury living space in the historic “Capitol Hill District” of downtown Denver. Mezzo’s prime urban location, attached commercial spaces, and luxury amenity package make the property a highly desirable apartment community for tenants seeking the thrill and convenience of city living.
Waterleaf
| Location | Vista, CA |
|---|---|
| Number of Units | 456 |
| Year Built | 1984 |
| Joint-Venture Partner | AEW |
Waterleaf, located in North County San Diego, offers tenants a first-class amenity package and quick access to major local freeways connecting tenants to major retail, employment and entertainment centers. The Property is less than 15 minutes away from famous beaches and 45 minutes away from beautiful Baja California.
Parc@5
| Location | Downey, CA |
|---|---|
| Number of Units | 104 |
| Year Built | 1964 |
| Joint-Venture Partner | BlackRock |
PARC@5 brings space, style, and convenience to apartment living in Los Angeles County. The Property features exceptionally large amenitized floor plans, refreshing pools, state-of-the-art fitness center and an upscale business center. Residents benefit from quick and convenient access to Downtown Los Angeles and major employers, while enjoying a relaxing and newly renovated community.
Deerfield
| Location | Denver, CO |
|---|---|
| Number of Units | 158 |
| Year Built | 1984 |
| Joint-Venture Partner | BlackRock |
Deerfield apartments, located in a highly desirable micro-market of Southeast Denver, incorporates first-class amenities with large spacious units. Just minutes away from Cook Park, Highline Canal, Denver Tech Center, fine dining, shopping and popular entertainment, Deerfield offers urban accessibility with Denver’s breathtaking landscape.
Fairway Glen
| Location | San Jose, CA |
|---|---|
| Number of Units | 144 |
| Year Built | 1986 |
| Joint-Venture Partner | Babson |
Fairway Glen, nestled in the foothills of San Jose, offers first class accommodations and is adjacent to the major technology and transportation centers. The Property features one and two bedroom luxury apartments with gourmet kitchens, brand name appliances, large closets, private patios and balconies, and a newly upgraded fitness center.
Pembrooke Royal Skies
| Location | Kent, WA |
|---|---|
| Number of Units | 240 |
| Year Built | 1982 |
| Joint-Venture Partner | AEW |
Royal Skies is nestled among the beautiful mature landscape of the Pacific Northwest, providing residents with a serene and tranquil environment. The Property is located just minutes away from Interstate 5 and Highway 99, with access to leading employers in Kent, Federal Way, Des Moines, and SeaTac. With fully upgraded units, modern utilities and wood burning fireplaces, Royal Skies encompasses luxury living in the Pacific Northwest.
Brookstone
| Location | Phoenix, AZ |
|---|---|
| Number of Units | 528 |
| Year Built | 1986 |
| Joint-Venture Partner | TriSail |
Brookstone is a fully amenitized gated community featuring a contemporary design with wood plank flooring and modern kitchens. The Property is professionally landscaped with resort style pools and spas, and is conveniently located near public transportation, providing access to Downtown Phoenix, Sky Harbor Airport, and major retail outlets.
Pinnacle Grove
| Location | Tempe, AZ |
|---|---|
| Number of Units | 247 |
| Year Built | 1987 |
| Joint-Venture Partner | GE Capital |
Pinnacle Grove Apartment lies adjacent to I-10 in South Tempe, providing access to Mill Avenue district, the major employment corridor – offering more than 1.3 million square feet of high-end shopping, dining, and entertainment. The Property provides several open social spaces, allowing residents to enjoy a comfortable and active lifestyle.
Madera Point
| Location | Mesa, AZ |
|---|---|
| Number of Units | 256 |
| Year Built | 1986 |
| Joint-Venture Partner | GE Capital |
Madera Point Luxury Apartments combines modern elegance with comfort, boasting beautifully manicured landscaping, a resort style pool and fireplace, and several fully amenitized social spaces. The Property is located minutes away from world class dining, parks, business districts, and several acclaimed schools. Residents reside in upgraded units with spacious closets, and private patios and balconies.
Hampton Bay
| Location | Kent, WA |
|---|---|
| Number of Units | 304 |
| Year Built | 1987 |
| Joint-Venture Partner | GE Capital |
Hampton Bay provides true Pacific Northwest living with its beautiful lake views and relaxing scenery. The Property features a newly updated on-site business center, fully amenitized clubhouse, and a spacious fitness center. Each unit is outfitted with cozy brick fireplaces, and private balconies and patios, allowing residents to truly enjoy and experience each season. Located with great freeway access near a bustling shopping and dining district.
Cordova
| Location | Phoenix, AZ |
|---|---|
| Number of Units | 320 |
| Year Built | 1985 |
| Joint-Venture Partner | Citymark Capital |
Cordova is a 320-unit 2-story garden style middle market workforce housing community located in Phoenix, Arizona. The property has excellent proximity to major employment nodes in the West Valley inclusive of over 104 million square feet of industrial and commercial space and the Westgate Entertainment District. Cordova has a highly sought after amenity base and is located less than a mile from the I-10 freeway and newly constructed Loop 202, the largest infrastructure project in Arizona’s history.