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Balfour Beatty Communities acquires River Pointe

PRIVATEMay 22, 2025

Acquiring Company

Balfour Beatty Communities

Acquired Company

River Pointe

MalvernTexasReal EstateHospitalityReal EstateHospitality

Description

Balfour Beatty Communities has successfully acquired River Pointe, a premier multifamily community in Conroe, Texas. This marks the company's second acquisition of the year in eastern Texas, aligning with their expansion strategy. The property features 300 units and plans for enhancements post-acquisition. The acquisition enhances Balfour Beatty's portfolio in key markets.

Quick answer

Balfour Beatty Communities is acquiring River Pointe, announced May 22, 2025. Balfour Beatty Communities is based in Malvern, Pennsylvania, United States.

How much did Balfour Beatty Communities pay for River Pointe?
The deal value was not disclosed.
What does Balfour Beatty Communities do?
Balfour Beatty Communities is an active owner and operator of residential real estate in the multifamily, student and military housing sectors across the United States.
Where are Balfour Beatty Communities and River Pointe based?
Balfour Beatty Communities is based in Malvern, Pennsylvania, United States. River Pointe is based in Texas, United States.
Who are the decision-makers at Balfour Beatty Communities?
Fundz holds 2 contacts at Balfour Beatty Communities. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Real Estate and Hospitality

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Company Information

Company

Balfour Beatty Communities

Location

Malvern, Pennsylvania, United States

About

Balfour Beatty Communities is an active owner and operator of residential real estate in the multifamily, student and military housing sectors across the United States. Since its inception in 1999, Balfour Beatty Communities has invested in nearly 100 properties representing more than $7.9 billion of gross asset value. Our broad in-house expertise includes decades of acquisition, development, finance, renovation, leasing and property/facility management experience. Leveraging this extensive expertise and a customer service-focused approach, Balfour Beatty Communities seeks to create value in its real estate projects while delivering exceptional living experiences. For more information, visit balfourbeattycommunities.com.

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Frequently asked

Who acquired River Pointe?

River Pointe was acquired by Balfour Beatty Communities, based in Malvern. The deal was reported on May 22, 2025. Balfour Beatty Communities is an active owner and operator of residential real estate in the multifamily, student and military housing sectors across the United States. Balfour Beatty Communities is privately held and operates in Real Estate.

When did Balfour Beatty Communities acquire River Pointe?

Balfour Beatty Communities's acquisition of River Pointe was reported on May 22, 2025. Balfour Beatty Communities has successfully acquired River Pointe, a premier multifamily community in Conroe, Texas. This marks the company's second acquisition of the year in eastern Texas, aligning with their expansion strategy. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does River Pointe do?

River Pointe is a 300-unit, gated, garden-style community. It offers a range of apartment configurations with high-quality amenities. The property is designed for comfort and convenience in a growing area. It is recognized for its exceptional living options. It is privately held, operating in Real Estate, and is based in Texas.

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