H
alstatt Real Estate Partners, a women‑owned private‑equity firm, announced on October 21, 2025 that it has acquired The Fountains of Conroe, a 270‑unit multifamily complex in Conroe, Texas, in partnership with Dallas‑based Expedition Capital Advisors (ExCap). The property, built in 2008, sits near Houston’s energy hub, the Port of Houston, and the Woodlands master‑planned community, offering strong location advantages and limited new‑development competition.

    Halstatt and ExCap will implement a value‑add strategy to lift the property’s competitiveness while keeping rents below new Class A levels. Planned upgrades include selective unit renovations, modernizing the clubhouse, repainting, roof replacement, and other exterior improvements. The goal is to enhance interior amenities and capture additional rent growth.

    Halstatt focuses on value‑add and opportunistic projects across Florida, Texas, and the Southeast, partnering with experienced sponsors to execute strategic capital improvement plans. ExCap brings local expertise, having managed nearly 7,000 apartment units nationwide, including 1,400 in the Houston area.

    Founded in 2011 by the Sproul family of Naples, Florida, Halstatt has invested over $1.5 billion in Southeast U.S. real‑estate assets, working with institutional limited partners such as foundations, family offices, and pension funds. For more information, visit www.halstattrealestate.com.