Acquiring Company
Fogelman Properties
Acquired Company
The Ovilla
Description
Fogelman Properties has acquired The Ovilla, a 288-unit multifamily community located in Red Oak, Texas. This acquisition marks Fogelman's continued expansion in Texas, where it now owns nine communities and manages over 3,012 units. The Ovilla features modern apartments and is 95% occupied, with plans for capital improvements.
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M&A Insights
Based on deal dataFrequently asked
Who acquired The Ovilla?
The Ovilla was acquired by Fogelman Properties, based in Texas. The deal was reported on August 19, 2026. Fogelman Properties is one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies. Fogelman Properties is privately held and operates in Real Estate.
When did Fogelman Properties acquire The Ovilla?
Fogelman Properties's acquisition of The Ovilla was reported on August 19, 2026. Fogelman Properties has acquired The Ovilla, a 288-unit multifamily community located in Red Oak, Texas. This acquisition marks Fogelman's continued expansion in Texas, where it now owns nine communities and manages over 3,012 units. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does The Ovilla do?
The Ovilla is a 288-unit multifamily community located in Red Oak, Texas, part of the Dallas-Fort Worth metro area. Built in 2023, it features apartment homes with rental rates starting at $1,715 per month and is currently 95% occupied. It is privately held, operating in Real Estate, and is based in Texas.