As featured in “TheRealDeal”
Jess Hardin, TheRealDeal, 16 January, 2026
RREAF Holdings’ latest acquisition and first partnership with Axonic Capital was recently featured by TheRealDeal. To learn more about the transaction and RREAF’s 2026 multifamily investment strategy, please see the coverage below.
It’s clear who the losers are in Houston’s wave of multifamily distress, but it hasn’t yet been obvious how to cash in on the cycle.
RREAF Holdings’ latest buy provides a template. The Dallas-based investor picked up 2828 at Royal Oaks, a 510-unit garden-style apartment complex at 2828 Hayes Road in Westchase, according to a press release. Deed records show RREAF bought the property after its previous owner lost it to foreclosure.
RREAF is picking up where Colony Hills Capital left off.
The new owner plans to rebrand the property built in 1995 as Aura Westchase, with 37 percent of units scheduled for renovation this year. The revamp will also include new signage and upgraded amenities.
The purchase adds to RREAF’s 2,000-unit Houston multifamily portfolio. It was RREAF’s third distressed multifamily purchase of 2025 and its first purchase with Axonic Capital, according to the release.
We appreciate and thank TheRealDeal, especially Jess Hardin, for covering our latest multifamily acquisition and first partnership with Axonic Capital. To read the full article, please visit TheRealDeal.
