Essential Realty Partners, based in Dallas, specializes in middle-market multi-family space. Their experience allows them to acquire apartment communities and single-family rental homes typically appraising between $15 million and $75 million.
With acquisition prices below the cut-off of most institutional investors and over the capabilities of small syndicators, their community of investors is securing untapped opportunities.
Rick Courtney and John Matheson founded the company. Together they bring over 75 years of experience to quickly expand a nationwide portfolio of mid-market apartment and detached rental properties.
The management team, led by the two industry veterans, is fully backed by leading private capital. Rick Courtney is one of the few experts in the multi-family real estate industry to have weathered through four full decades of volatile investment phases, having worked in the industry since 1984.
The 37-year industry veteran is a 15-year executive-level specialist as well. All told, Rick has brokered and/or managed upwards of 15,000 units and 3.2 million square feet of leasable space throughout the country.
Essential Realty Partners has an efficient acquisition bidding process, getting timely responses for all prospective acquisition opportunities. As the firm launched last spring, solidly backed by leading private equity, it successfully moved aggressively early on, offering an innovative limited partner participation package for transactions ranging from $15 million to $75 million in 15 initial target markets across the United States.
Rick Courtney, CEO at Essential Realty Partners, stated, “Coming out of the pandemic, we feel that as Essential Realty Partners continues to grow and evolve, we must maintain a sustainable company culture that celebrates integrity and excellence and is valuable to everyone, not just investors.”
To learn more about Essential Realty Partners’ GP stake offering, please visit their website here: https://erpartners.us/