Recent Acquisitions

Built in 2006, Villagio is a 180-unit, 492-bed purpose-built student housing complex located in San Marcos, TX. As a sister property to The Lodge, our other asset, the property serves the Texas State University student body. Villagio is located across the street from Lodge and is owned by the same ownership group that owned Lodge. The property is part of the shuttle stop route to the university, making Villagio an appealing location for students. Palladius will implement operational improvements and capital projects based on what has been most effective at Oasis and Mirage when improving the perception of the Property and increasing rental rates.

Built in 2001, The Lodge is a 258-unit, 696-bed purpose-built student housing complex located in San Marcos, TX. The Lodge serves Texas State University. The university has a shuttle stop right outside the property. It takes 8 minutes for students to reach Texas State University from the shuttle stop. As demonstrated with our other assets, Oasis and Mirage, there is strong demand for renovated student housing assets along the University’s shuttle stop system. These renovated properties still rent at a considerable discount to campus-adjacent properties, which makes them appealing to students.

The Chloe Leander, completed in 2023, stands as a pinnacle of luxury living in Leander, Texas. This 276-unit apartment community, strategically located in the heart of Leander, offers residents unparalleled convenience with easy access to local attractions, dining establishments, shopping centers, and recreational spots. Closely affiliated with The Chloe Kyle, The Chloe Leander exemplifies refined taste and sophistication. Boasting Studio, One-, Two-, and Three-Bedroom Apartment Homes, this community caters to a diverse range of lifestyles, making it an ideal choice for individuals and families alike. The Chloe Leander prides itself on setting a standard of excellence for both current and future residents. The resort-inspired swimming pool provides a luxurious escape for relaxation and recreation. The cutting-edge fitness center, open 24/7, ensures that residents can maintain an active and healthy lifestyle at their convenience. Recognizing the evolving work landscape, co-working lounges are thoughtfully designed to cater to the needs of the rapidly growing hybrid work environment, providing residents with flexible and collaborative spaces.

Built in 2017, Ursa is a 250-unit, 840-bed student housing apartment community located in Waco, TX. Ursa serves Baylor University and is a five-minute drive from the center of the University through the usage of Baylor’s shuttle system. Ursa’s amenities include a resort-style pool, private study rooms, volleyball court, clubhouse, fire pits, theatre room, fitness center, outdoor grilling stations, and a dog park.

The Chloe Kyle is a brand-new 342-unit community located in the booming South Austin suburb of Kyle, TX. The property anchors the Dry River District, a 65-acre mixed-use development including medical, hotel, and over 300,000 SF of walkable retail space (Costco, Home Depot, Evo, and a Starbucks to name a few). The asset was completed in July 2022 and consists of 11 three-story residential buildings and a clubhouse across 15 acres.  Amenities include a resort-style pool, high-tech fitness center, game lounge, co-working and group workspaces, dog park, playground, and entertainment kitchen.

Built in 2001, The Mirage is a 288-unit, 816-bed student housing apartment community located in the city of San Marcos, TX and less than a 10-minute drive to the Texas State University (TXST) campus. The Mirage, closely related to The Oasis, has excellent proximity to the TXST campus through the usage of the university shuttle route, which has a direct stop in front of the property. The asset is also highly amenitized, offering students a full array of amenities that include a brand-new fitness center, (2) swimming pools, (2) basketball and volleyball courts, Disc Golf Course, (2) large dog parks, and business center with student study lounge.

100 Forest Place is a 234-unit multifamily asset located in the heart of downtown Oak Park, with grocers, pharmacies, financial institutions and over 30 restaurants within a 3-block radius. The Oak Park neighborhood provides convenient access to the entire metropolitan area via Interstate 290, positioned within 10 miles of the Chicago CBD.  The asset was completed in 1986 and consists of a 16 two-story tower, 9 buildings featuring townhomes, and 7,985 SF of commercial retail space.  Amenities include a rooftop deck, a 24-hour fitness center, and a clubroom with panoramic city views.

The Beverly at Shadow Lake is a 624-unit multifamily community primed for both interior and amenity value-add located in the high-growth Westchase District and within a ten-minute drive of the Energy Corridor in West Houston. The asset was built in two phases in 1998 and 1999 and spans an impressive 27.93-acre site. Each phase is wholly contained with full amenities including gated access, various grill/picnic areas, and 2 of each resort-style pool, clubhouse/event center, fitness center, business center and picturesque lakes.

Dominion at Oak Forest is a 136-unit multifamily asset located in the highly desirable Oak Forest neighborhood in central Northwest Houston, Texas. The Oak Forest neighborhood has experienced tremendous growth because it is situated just north of The Heights, an area with rapidly-increasing single home values and commercial redevelopment. The asset consists of 12 two-story garden style residential buildings, 1 club house and a diversified set of community amenities including gated access, resort-style pool, a playground, grill/picnic area, fitness center, and business center.

Montabella at Oak Forest is a 178-unit multifamily asset located in Oak Forest, an affluent and burgeoning submarket in the path of high-growth in West Houston. Oak Forest offers residents a walkable environment, new dining and entertainment amenities, proximity to Houston’s largest employment hubs, rapidly-increasing single home values and commercial redevelopment. The asset consists of 20 two-story garden style residential buildings, 1 club house and a diversified set of community amenities including gated access, resort-style pool, a playground, grill/picnic area, 2 dog parks, fitness center, and business center.