August 11, 2021
SDS Capital Group is proud to share some of the media coverage we’ve received about our announcement of ASREF II’s first investment. ASREF was created as a joint venture by Vintage Realty Group and SDS. This close on a 234-unit Olive Tree Holdings redevelopment will bring more affordable housing units for Houston residents.
Some highlights of the announcement include:
“The financial partnership between Olive Tree Holdings and the American South Real Estate Fund (ASREF), enables us to quickly acquire and initiate project construction. This expedites our pursuit of developments that are making a difference in the lives of the seniors and families in need,”– Ian Bel, Managing Member, Olive Tree Holdings.
Due to ASREF financing, Olive Tree Holdings’ The Life at Sterling Woods complex is able to undertake significant renovations to improve the quality of their units without sacrificing affordability. This 234-unit complex is one of the few senior/affordable housing developments within the high-demand Southeast Houston region.
To view some of the recent coverage, see below:
Olive Tree and American South Real Estate Fund II Announce Third Investment Partnership Supporting Low-Income Resident Housing
By Yahoo Finance
American South Realty Fund II Announced First Investment – in Houston. Olive Tree Holdings’ “Villas on Winkler” Redevelopment to Preserve 234 Senior/ Affordable Multifamily Housing Units
American South Real Estate Fund II Announces Third Investment Partnership with Olive Tree Holdings – with $4.8 Million Investment by Impact Fund Managed by SDS Capital Group and Vintage Realty Company