The Dallas-based manager has raised $400m for its first fund and, having completely deployed the vehicle, plans to go back to fundraising later this year.
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S2 CAPITAL ACQUIRES TWO DALLAS METRO AREA-BASED PROPERTIES
The portfolio includes Legends on Lake Highlands, a 356-unit multifamily community in East Dallas, and Carrollton Oaks, a 320-unit apartment complex in Carrollton, Texas.
Dallas multifamily firm pays $127M for Jupiter apartments
Dallas-based multifamily firm S2 Capital bought an apartment complex near Jupiter for $127 million, marking continued investor appetite for rentals in South Florida’s robust market.
S2 Capital Acquires Atlanta Portfolio
S2 Capital has purchased an Atlanta-area multifamily portfolio from Turner Impact Capital. The four properties, totaling 1,406 market-rate apartments, were acquired with the company’s S2 Multifamily Value-Add Fund 1.
When Raising Money Is Not the Problem: S2 Capital’s Scott Everett on Current Multifamily Dynamics
“In October 2020, we started fielding an insane number of calls from huge investors that had never invested in Sunbelt markets,” Everett says.
Dallas investor S2 Capital isn’t finished after 16,000 Texas apartment buys
The hot North Texas rental housing market is attracting billions of dollars in investor buys.
