RSN Property Group and Monday Properties Partnership Acquires Eagle Creek Landing in Dallas-Fort Worth

RSN Property Group and Monday Properties partnership announced the acquisition of Ventura Landings, a 226-unit garden-style apartment community which has been rebranded as Eagle Creek Landing Apartments, in DeSoto, Texas, a prominent suburb in the Dallas-Fort Worth metroplex.

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This follows the partnership’s first joint acquisition in Atlanta of Villas at Princeton Lakes, a 210-unit garden-style apartment community in the suburbs of South Fulton, and continues their strategic expansion across high-growth markets.

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"The partnership between RSN Property Group and Monday Properties continues to identify assets with exceptional value in the current market climate," said Reed Goossens, Founder and CEO, RSN Property Group. "Eagle Creek Landing represents a terrific opportunity in the robust DFW market, where many properties are trading at discounts relative to2022 peaks. Our expertise allowed us to recognize this asset's potential and provide significant upside for our investors."

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Eagle Creek Landing Apartments offer stylish one- and two-bedroom residences in the heart of DeSoto, Texas. Thoughtfully designed apartments feature modern amenities including granite countertops, hardwood floors, air conditioning and spacious walk-in closets. Residents have access to a vibrant community including a pool, clubhouse, basketball court and on-site laundry facilities. Strategically located with convenient highway access, Eagle Creek Landing provides an ideal balance of connectivity to Dallas, Arlington and Waxahachie while maintaining the tranquility of suburban living.

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The property benefits from $4.9 million in recent capital improvements by the previous owner, including 19 upgraded roofs, new double-pane windows and partial interior renovations. RSN Property Group as the operational lead plans to implement additional comprehensive unit upgrades, further enhancing the property's competitive position and driving resident satisfaction and retention.

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"Our new investment in Eagle Creek Landing exemplifies Monday Properties' disciplined approach, targeting high-value residential properties in dynamic and vibrant growth markets like Dallas-Fort Worth," said Anthony Westreich, Founding Managing Partner, Monday Properties. "With Eagle Creek Landing, we're creating immediate value while positioning the asset for even stronger performance. The DeSoto submarket’s strong household incomes, combined with DFW's exceptional job growth and economic expansion, creates an ideal environment.”

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