December 11, 2024

RREAF Holdings and RR Living to Host Grand Opening Celebration for Water’s Edge Apartments & Townhomes in Salado

Salado, Texas—RREAF Holdings, a real estate development firm, and its in-house property management team, RR Living, are excited to announce the grand opening of Water’s Edge Apartments & Townhomes, a brand-new luxury community in Salado, Texas. The grand opening event will take place on Thursday, December 12, from 3 PM to 7 PM at 210 Nottingham Lane, Salado, TX 76571.

All community members and prospective residents are invited to experience the unmatched lifestyle and luxury living Water’s Edge has to offer. Whether you’re searching for your next home or simply wish to join in the festivities, RREAF Holdings and RR Living would love to welcome you.

Strategically situated right off Interstate 35, on approximately 20 acres in the heart of Salado. Water’s Edge Apartments & Townhomes combine expedience with vibrant neighborhood appeal. The development boasts 210 upscale apartment units and 45 modern townhomes, all thoughtfully designed to create a seamless blend of comfort, style, and practicality.

RREAF Construction Services (RCS): General Contractor for Water’s Edge
The development was constructed under the expert guidance of RREAF Construction Services, LLC. (RCS), the General Contractor for the project. Established in early 2020 to streamline RREAF Holdings’ development and construction processes. With a veteran team boasting a combined 150 years of experience and over $8 billion in completed construction projects, RCS delivers unparalleled expertise and results. RCS is integral to RREAF’s development strategy, providing design-build advisement and formal bidding.

“Our goal with Water’s Edge was to create a community that exemplifies luxury living while offering residents a sense of connection and convenience,” said Kip Sowden, CEO of RREAF Holdings.

“We are thrilled to bring this exceptional property to Salado and look forward to welcoming our new family and community to our grand opening celebration,” added Melanie French, CEO of RR Living.

Water’s Edge is more than just a place to live – it’s a lifestyle. The property offers state-of-the-art amenities, including:

  • A stylish clubhouse and modern fitness center
  • Resort-style pool with sundeck
  • Pet-friendly play areas
  • Walking and biking trails
  • Package service and lounge areas
  • And much more!

Residents will also enjoy easy access to local entertainment, restaurants, schools, and essential services, making it an ideal location for those seeking a balanced and dynamic lifestyle.

For more information about the grand opening or to explore leasing opportunities, please visit our website at www.watersedgesanctuary.com or call us at 254-271-1405.

About RREAF Holdings:
RREAF Holdings LLC (“RREAF”) is a privately held, vertically integrated commercial real estate company based in Dallas, Texas, with roots that go back nearly 40 years in the industry. RREAF focuses its portfolio of commercial real estate projects and development under five main verticals, catering primarily to middle America; a programmatic value-add multifamily acquisitions platform, opportunistic hospitality and resort acquisitions and development, large and highly amenitized master planned developments, acquisition / re-development of RV Resort Communities, and its ground-up extended stay hospitality development platform.

RREAF and its subsidiary companies employ over 500 people, specializing in a wide range of commercial real estate investment expertise: including in-house underwriting, due diligence, acquisition, asset management, property management, construction management, project development, accounting, and legal support. RREAF, along with its debt and equity partners have built a diversified portfolio in its core competencies in excess of $4.5 billion in AUM, across 16 states.  Winner of the 2021 and 2022 Multifamily Operator of the Year Award and selected as an Optigo® 2022 and 2023 Select Sponsor, RREAF values its impact on local communities.  RREAF’s mission is to enhance the lives of its investors, partners, residents, and guests by providing outstanding service, excellence, and expertise with integrity, vision, values, and purpose. For more information, please visit www.rreaf.com.

About RR Living:
At RR Living, properties are managed as unique, individual opportunities to deliver unparalleled living experiences for residents. Excellence is driven by the exceptional talents of the team, fueled by an intense, contagious, and relentless commitment to continuous improvement and innovation. For more information, please visit www.rrliving.com.

About RREAF Construction Services, LLC (RCS):
Founded in 2020 as a vertical under RREAF Holdings, RCS streamlines development with a team of architects, engineers, and construction professionals. With over $8 billion in completed projects and a combined 150 years of experience, RCS partners with development teams and contractors to deliver superior results and economies of scale.

Media Contact:
RREAF@5wpr.com

SOURCE RREAF Holdings LLC