Autumn Brook Apartments added to Sapphire Partners Managed Portfolio

Rezul News/10423190
Sapphire to manage a San Antonio value-add multifamily community.

NEW YORK - Rezul -- Sapphire Partners, in partnership with DJE Texas Management Group, has added a 124 unit multifamily community in San Antonio, TX named Autumn Brook Apartments into its managed portfolio. The property, originally built in the 1970s, serves the northern corridor of Greater San Antonio and is positioned as a value-add investment for Sapphire and DJE.

Principal David Saperstein said on the announcement:

"We're very excited to begin managing Autumn Brook Apartments for our excellent partner and sponsor DJE Texas Management Group. We've been working alongside DJE for some time now, and they are always a pleasure to work with. We look forward to improving and building upon this great community here in San Antonio going forward."

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Sapphire's managed portfolio consists of primarily multifamily investments owned by sponsors across the continental United States. Sapphire provides asset management oversight and partnership to these sponsors to alleviate the otherwise large on-going efforts required in proper upkeep and improvement.

Sapphire Partners, Asset Management:

PR Division

Source: Sapphire Partners Group LLC
Filed Under: Real Estate

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