Communities
We believe that if you leave this world better than the way you found it, you will always do great in life.
More coming in 2022!
Nolana Apartments
143 unit community - McAllen TX
TwoTen Management acquired this community at the end of 2021, in a joint purchase with the El Camino Real Apartments. Since acquisition, we have rebranded it as "The Luke Apartments" and begun our repositioning process to include new floors, cabinets, light fixtures, plumbing fixtures and more.
El Camino Real Apartments
136 unit community - McAllen TX
TwoTen Management acquired this community at the end of 2021, in a joint purchase with the Nolana Apartments. Since acquisition, we have rebranded it as "The Monark Apartments" and begun our repositioning process to include new floors, cabinets, light fixtures, plumbing fixtures and more.
Plaza Royale Apartments
88 unit community - McAllen TX
Plaza Royale Apartments is an 88 unit Class B Apartment Community in the heart of McAllen TX. Less than a mile from La Plaza Mall, south of McAllen Country Club and Quinta Mazatlan, off of 10th Street. This was a great acquisition for Two Ten Management (the partnership of the De'Medici Group and Optimum Buyers), bought as syndication with a select group of investors.
This property will undergo a heavy lift consisting of a full roof replacement, remodel of over 60 units, improve curb appeal, new signage, new sports arena, paint exterior, Artwork, new property management software implementation, among other amazing features. These improvements will provide a better living for the residents while increasing the value of the property.
10 unit community
Pleasanton TX - FULL CYCLE
This was the first Multifamily acquisition for the De'Medici Group, repositioned in 18 months for a Return of Investment of 159%. The De'Medici Group acquired this complex at the end of 2017 with seller financing. Since acquired, we have installed new roof, remodeled the exterior of the building and remodeled some of the units including new floors, new cabinets, new light fixtures, new plumbing fixtures, new sinks, new faucets, all surfaces repainted.
Oak Ridge Apartments
16 unit community - McAllen TX
In a Joint Venture with Optimum Buyers, the De'Medici Group acquired this complex in January 2019. The acquisition was funded by 4 private investors and a low-leveraged long-term loan. The plan with this property is to reposition and enhance the property value by updating the exterior and interior. Also, the implementation of new management will be key in the management of this asset.
This property went full cycle on November 2020 and we were able to return to our investors ~74% ROI in 20 months with an Average Annual Return of over 30%.
Sonterra On McColl Apartments
32 unit community - McAllen TX
TwoTen Management acquired this complex in August 2019. The acquisition was funded by 6 private investors and used Fannie Mae to cover the debt. Our business plan is to reposition this property and provide a better living experience for all of our residents. This acquisition is also a Joint Venture with Optimum Buyers.
Valencia Apartments
9 unit community - Pharr TX
One more syndication for TwoTen Management, acquired this complex in December 2019. The acquisition was funded with 2 private investors and used Seller Financing Strategies to cover the debt which benefited the seller and the buyer. Our business plan is to reposition this property. This acquisition is also a Joint Venture with Optimum Buyers.
Berlin Apartments
7 unit community - San Antonio TX
The De'Medici Group acquired this property in February 2020, after following up with the seller for almost 2 years. This property offers the tremendous value add potential on the existing building which features commercial space and multifamily. The transaction also included a vacant lot next door which will allow us to build additional apartments or storage units, whichever is more feasible.
Historic Apt Complex
24 unit community - San Antonio TX
In the summer of 2018, the De'Medici Group was a key player in the acquisition of this historic gem on South Flores in the Lone Star district of San Antonio. The property is currently being repositioned as part of a master plan development by an investing group from California.
Historic Renovations & Artwork Implementation - San Antonio TX
During Mauricio's tenure in the construction industry, he was deeply involved in the renovation of multiple projects that were approved by the Historic Preservation Committee of San Antonio.