URS Capital Partners: Strategic Acquisitions and Successful Sale of Belmont Heights

URS Capital Partners: Navigating Market Challenges with Strategic Acquisitions

HUNTINGTON, N.Y., April 16, 2026 - URS Capital Partners, known for its multifamily real estate investments, has announced notable developments in its portfolio during the first quarter of 2026. The firm successfully executed two acquisitions while also concluding the sale of Belmont Heights, a community consisting of 176 units situated in the Charlotte metropolitan region. These transactions underscore URS's disciplined strategy for growth and careful capital allocation amid a turbulent multifamily market.

In January 2024, URS acquired Belmont Heights, marking its initial investment following a significant market reset. The property demonstrated resilience, consistently generating strong operating cash flow and notable net operating income growth throughout its holding period, attributed to strategic asset management and effective operational practices. After nearly two years, the decision to sell Belmont Heights in April 2026 resulted in impressive risk-adjusted returns, reinforcing URS's investment thesis in a recovering market environment.

Christopher Urso, Managing Partner at URS Capital Partners, expressed that, "Belmont Heights represented conviction at a time when uncertainty was high. The outcome reinforces the importance of disciplined underwriting, operational execution, and patience through the cycle."

Simultaneously as Belmont Heights changed hands, URS Capital Partners finalized the acquisition of two additional properties: The Grove at Greenleaf with 240 units located in Conyers, GA, and Saddlebrook Apartments, comprising 267 units in Murfreesboro, TN. These acquisitions align closely with URS’s strategic goals and long-term investment vision. Notably, since the market reset, URS has successfully acquired 10 properties, maintaining a selective focus on quality assets situated in resilient submarkets.

Christopher Gorman, Managing Director of Investments, added, "We continue to see opportunities created by market dislocation. Our focus remains on acquiring assets at the right basis while prioritizing downside protection and long-term value creation for our investors."

Looking ahead, URS Capital Partners remains committed to actively assessing new acquisition opportunities while adhering to a disciplined investment and portfolio management strategy. This approach positions the firm to effectively navigate continued market fluctuations.

About URS Capital Partners

Founded in 2009, URS Capital Partners is a vertically integrated multifamily investment firm that has successfully acquired and developed over 6,000 units. With a focus on disciplined acquisitions and hands-on asset management, URS strives for long-term value creation throughout varying market cycles. To learn more, visit urscapitalpartners.com.

For media inquiries, please contact:
Rebecca Windsor, Investor Relations
URS Capital Partners
Email: [email protected]
Phone: 631-683-5176