Altus Equity Group Expands Its Multifamily Portfolio with New Acquisition in Texas

Altus Equity Group's Latest Acquisition in Lubbock, Texas

In a significant move to bolster its investment portfolio, Altus Equity Group Inc. has finalized the acquisition of a 279-unit multifamily property in Lubbock, Texas. This acquisition highlights the company's continued strategy of deploying capital in a challenging real estate market.

Strategic Focus on Multifamily Properties

The newly acquired portfolio consists of two adjacent communities: Bentwood Apartments and Bend at Bentwood Apartments. Located near major retail and employment centers, these properties are well-positioned to benefit from the area's economic activity. At the time of purchase, the properties boasted an impressive occupancy rate of approximately 99%.

Andy Eicher, Senior Vice President of Investments at Altus Equity Group, emphasizes that this acquisition aligns with the company’s investment philosophy. Eicher states, “This acquisition is consistent with how we approach investing—prioritizing durable operations, downside protection, and the ability to adapt as market conditions evolve.” This disciplined approach reflects Altus’s commitment to acquiring cash-flowing assets with solid performance and flexible financing structures.

Expanding Presence in Texas

The acquisition of the Lubbock multifamily portfolio is part of Altus's broader strategy to strengthen its footprint in West Texas. In 2025, the firm successfully acquired eight multifamily properties across this region, showcasing its dedication to identifying and capitalizing on high-potential real estate opportunities. Additionally, the firm has ventured into the small-bay industrial sector, acquiring a 160,000-square-foot property in the Dallas-Fort Worth Metroplex.

The firm’s ability to execute such transactions amid ongoing volatility in real estate capital markets is a testament to its strategic planning and market insight. Executives at Altus believe in the importance of sourcing and executing business opportunities where asset pricing, operational efficiency, and capital structure support the firm's investment goals.

Looking Ahead

With the acquisition now complete, Altus Equity Group is not pausing in its ambition. Eicher indicates that the firm plans to continue its acquisition momentum into 2026, further diversifying its investment portfolio. The company is known for its prudent management and its ability to make strategic decisions that foster long-term growth and stability.

Founded in 2003, Altus Equity Group has grown to become a prominent player in the real estate investment field, focusing primarily on multifamily and industrial assets across the United States. With strong affiliations in property management and private lending through Altus Management Group and Altus Capital Group, the firm is well-equipped to manage its expanding portfolio effectively.

As market dynamics evolve, Altus Equity Group's proactive investment strategies position it to seize opportunities and achieve sustained growth in the multifamily housing sector. The company remains committed to its mission of acquiring and operating quality properties that meet the needs of tenants and deliver value to investors.

In conclusion, the recent acquisition of the Lubbock multifamily portfolio marks a milestone for Altus Equity Group, strengthening its presence in the Texas real estate market. This strategic move not only reflects the company’s ongoing commitment to investment but also its adaptability in the face of fluctuating market conditions.