In January 2020, CenterSquare alongside joint venture (JV) partner, Internacional Realty, acquired Regency at Stone Oak from a family office based out of Salt Lake City, UT. The JV was attracted to this differentiated product due to its singlefamily rental (SFR) characteristics including low-density, two-story buildings and attached garages, with the majority of units having larger floorplans, including three-and four-bedroom apartments. The opportunity presented significant potential for the execution of a value-added business plan resulting in property improvements that would meet the demand of local residents.
