ALLIED ORION GROUP WELCOMES LOYAL PROFFITT AS NEW PRESIDENT  

Proffitt to Spearhead Operations for Property Management

 HOUSTON, TX -- Allied Orion Group welcomes Loyal Proffitt as President of the company’s property management operations. Loyal will be responsible for overseeing the daily operations of a property management portfolio of approximately 23,000 apartment homes nationwide; supervising personnel; implementing policies and procedures; and ensuring that the goals and objectives of the firm’s investors, clients and business partners are satisfied.

 Loyal brings more than 30 years of multifamily leadership and management experience to Allied Orion Group. Prior to joining the firm in 2019, he was the President at The Related Group (TRG Management) in South Florida and the Chief Operating Officer at US Residential--overseeing portfolios of 14,000 and 44,000 units, respectively.

Loyal graduated from Abilene Christian University with a BBA degree in Accounting. He has served on the Board of Directors of the Apartment Association of Greater Dallas (AAGD) and the San Antonio Apartment Association (SAAA).

“We brought in Loyal to enhance the institutional quality, knowledge and experience of our operations as we pursue our commitment to exceed our clients’ expectations by providing a level of service that is second to none,” said Ricardo Rivas, ChiefExecutive Officer of Allied Orion Group. “We are excited to have Loyal at the helm of our property management operations as we continue to expand our management portfolio across the country.”

ALLIED ORION SELECTED TO MANAGE PARK AT ESTANCIA AND PARK AT CRYSTAL FALLS 

Firm Adds Nearly 800 Units to its Growing Portfolio in the Austin Metropolitan Area 

Allied Orion Group has been selected to manage Park at Estancia in Austin and Park at Crystal Falls in Leander, TX, adding nearly 800 newly constructed, Class A units to its expanding portfolio in the Austin Metropolitan Area.  

Located at 820 Camino Vaquero Parkway near I-35 in Austin, Park at Estancia is a new luxury community located within the master-planned Estancia Hill Country development that offers residents an easy commute to downtown Austin and around the city.  A variety of 23 floorplan options are available, ranging from one to three bedrooms and approximately 656 to 1,424 square feet of living space.  Apartment features include: Hill Country views, wood-style flooring, gourmet kitchens with granite countertops, designer backsplashes, 42-inch hardwood kitchen cabinets, EnergyStar stainless steel appliances, undermount single-bowl stainless steel sinks, under-cabinet kitchen lighting, full-size washers and dryers, nine-foot ceilings, spacious walk-in closets, brushed nickel fixtures, high-speed internet, built-in USB outlets, as well as private yards in select units. 
         Park at Estancia offers a multitude of amenities, including an ultra-modern fitness center with Peloton bikes and full range of free weights, indoor yoga studio, outdoor yoga area, resort-style swimming pool with a plaza and fireside lounge, golf simulator, outdoor grilling areas, electric vehicle charging stations, carports, package lockers, social station, beer garden, leash-free Bark Park, clubhouse with game room, and attached private garages. 

         Park at Crystal Falls is located at 7740 183A Toll Road in Leander, TX.  The new, premier community features one, two and three-bedroom floor plan options, ranging from 576 –1,446 square feet.  Apartments include the following features: granite countertops, stainless steel appliance packages, chef-inspired kitchen islands, glass tile backsplashes, wood-style flooring, modern pendant lighting, washers and dryers, spacious walk-in closets, high-speed internet, built-in USB outlets, and outdoor terraces. Private fenced-in yards, pool views, and attached garages with tandem parking are available in some units. 

         Residents at Park at Crystal Falls have access to a resort-style pool and lazy river, outdoor kitchen and picnic area, 24-hour fitness center with free weights and cardio theatre, yoga and virtual group fitness studio, modern clubhouse, game room, business lounge, two leash-free Bark Parks, package service, additional private storage space options and carports. 

         Park at Estancia and Park at Crystal Falls are owned by GenCap Partners, Inc. “We are very excited to embark on our management partnership with GenCap Partners, Inc,” said Loyal Proffitt, President of Allied Orion Group. “These are great communities, and we look forward to deepening our presence in the Austin Market as we continue to expand our portfolio throughout Texas.”

ALLIED ORION GROUP BREAKS GROUND ON THE RETREAT AT CREEKSIDE IN NEW BRAUNFELS, TX

Firm Develops Final Multifamily Apartment Community Within Creekside Town Center

Allied Orion Group has broken ground on The Retreat at Creekside -- a 281-unit, exclusive apartment home community located in New Braunfels, Texas. Targeted to open in December of 2020, the luxury property is the final multifamily community being built within Creekside Town Center, a 400+ acre, master-planned development in the heart of the I-35 Corridor, between Austin and San Antonio.

 Developed by Allied Orion Group and designed by Steinberg Dickey  Collaborative LLP, The Retreat at Creekside is located at 580 Creekside Way in New Braunfels. Situated off I-35 and FM 306, the community offers easy freeway access and is close to local employers, medical facilities, high-end retail, casual and fine dining, and entertainment options. The pet-friendly apartments are within close proximity to Resolute Health and Titan Industrial Park as well as Schlitterbahn Waterpark, Texas State University, and local area hiking and biking trails. The Retreat at Creekside is 35 minutes north of downtown San Antonio, making for an easy commute, and a little more than an hour south of downtown Austin. 

Floor plans range from one to three bedrooms and feature 722 to 1,440 square feet of living space. Designer interior touches include granite countertops with under mount sinks, stainless steel appliance packages, upgraded Moen bath and kitchen fixtures, 8-foot entryway doors, oversized garden tubs, upgraded showers, soaring nine or ten-foot ceilings on the third floor, private balconies or patios, and both attached and detached garage parking options. 

The Retreat at Creekside offers a wide array of amenities, including a resort-style pool with cabanas; outdoor entertainment areas with park-like courtyard and multiple grilling and gathering places; state-of-the-art fitness center with On-Demand spin/yoga/Pilates room; resident clubhouse with cyber lounge; an off-leash, gated dual dog park area for both large and small dogs as well as an air-conditioned dog spa; complimentary Wi-Fi in the clubhouse, pool and courtyard; and car charging stations.  The community is zoned to the acclaimed Comal Independent School District. 

“We are pleased to be building our first development in New Braunfels, which is one of the fastest growing cities in the United States,” said Ricardo Rivas, Chief Executive Officer of Allied Orion Group.  “The I-35 Corridor between Austin and San Antonio is experiencing vigorous growth, and we are happy to be able to offer a high-quality rental option for both professionals, as well as families with children, in this thriving master-planned development.”

ALLIED ORION GROUP CHOSEN TO MANAGE SMART LIVING AT 

TELEPHONE ROAD

Firm Adds Another Southeast Houston Community to its Expanding Portfolio

            Allied Orion Group has been chosen to manage Smart Living at Telephone Road, a 240-unit apartment community located in Southeast Houston. The firm continues to expand its management portfolio across Houston and the nation.

            Located at 3852 Telephone Road, the newly built community offers one, two and three-bedroom apartment homes convenient to I-45 and Loop 610. The community offers an easy commute to downtown Houston and the Texas Medical Center and is close to University of Houston, Texas Southern University and William P. Hobby Airport. 

            Owned byCCPAF Telephone Road, a joint venture between the Houston Housing Authority and Civicap Partners, Smart Living at Telephone Road offers an array of amenities, such as a resort-style pool, state-of-the-art fitness center, outdoor entertainment area with barbecue grills, optional garage parking and park access with beautiful views. 

             Each apartment home features granite-style countertops, energy efficient appliances, garden-style tub, designer two-tone color scheme, 2-inch faux wood blinds, hardwood-style flooring, private patio or balcony, washer/dryer, large walk-in closets, and designer lighting packages.

            “Taking ownership of Smart Living at Telephone Road was the first endeavor towards our overall goal to provide much-needed workforce housing options in core urban locations,” said Tom Bacon of Civicap Partners. “We wanted a management company with a wealth of experience in the Houston market. Allied Orion Group was the clear choice due to their expertise and personalized service. We have confidence they will provide the resources necessary to ensure the success of the Telephone community.”

            “We are proud to have been named as the management company for Civicap Partners’ first deal and to forge a new management partnership,” said Kirk Tate, Board Member of Allied Orion Group. “We look forward to working together on many future deals to come.”

Allied Orion Group recently acquired Ashford Apartments (formerly known as Alexan Ashford), located in the heart of Houston’s Energy Corridor, in late February from Trammel Crow Residential.  This acquisition marks the firm’s first property purchase in more than 19 years--adding an additional facet to its already established development, acquisitions, and property management focus. Expanding its growing portfolio by acquiring existing Class A and B assets is part of the company’s overall growth plan.  

 Built in 2017 and situated at 1200 N. Dairy Ashford Rd near I-10 and Dairy Ashford, Ashford offers upscale one and two-bedroom apartment homes, featuring granite countertops, gas stoves, upgraded wood cabinetry with clear cabinet door accents and under cabinet lighting, custom backsplash options, garden tubs, 10-foot ceilings, washers/dryers, oversized windows and doors, built-in USB ports in the kitchen and bathrooms, Bluetooth speaker package, Butterfly MX video intercom for residents, beverage coolers, and nest thermostats. 

Ashford offers a wide array of amenities, such as a resort-style pool with in-pool lounges and seating, sun deck and poolside cabanas, a two-story, state-of-the-art fitness center with towel service, indoor and outdoor Wi-Fi lounges, clubroom, demonstration kitchen, 24-hour coffee bar, covered outdoor kitchen featuring two grills, TV and ceiling fans, outdoor fire pit, enclosed dog park with washing station, package concierge lockers, apartment butler service option, bike storage, covered parking garage, and electric vehicle charging stations.  

“We are pleased to add Ashford to our owned and managed property portfolio,” said Ricardo Rivas, Principal and Chief Executive Officer of Allied Orion Group.  “We have been evaluating hundreds of acquisitions opportunities, and Ashford met our core plus criteria. The projected pro-forma rents were already achieved in the current market, and at a 10 percent discount to replacement costs, it made perfect sense for us. We basically were able to accomplish in 60 days what would have taken us four years to develop and stabilize.” 

Allied Orion Group has been selected to manage The Heights at 2121, a 504-unit apartment community located minutes from Houston’s historic Heights neighborhood. The firm continues to expand its management portfolio across Houston and the nation.

 Located at 2100 Tannehill Drive in North Houston, the inner-loop community offers newly renovated one and two-bedroom apartment homes convenient to I-10, the 610 Loop, Highway 290, I-45 and public transportation. The community offers an easy commute to downtown Houston, the Galleria area and the Energy Corridor, and is close to major employers, upscale shopping, a multitude of gourmet and casual dining options, local parks and a variety of outdoor recreation activities. 

Owned by Arel Capital, The Heights at 2121 currently offers an array of amenities, such as four resort-style pools, 24-hour fitness center, picnic areas, leash-free Pet Park, and valet trash. In addition to existing amenities, Arel Capital plans to add an upscale, 4,000 square foot leasing center combined with a newly renovated state-of-the-art fitness center and resident lounge.  All four pools, picnic areas, and Pet Park are slated for significant upgrades in 2019. The Pet Park will be one of the largest private Pet Parks in the city of Houston and the new amenity package will set the bar at a new level for the industry. 

 Each newly updated apartment home features upgraded cabinetry, granite-style countertops, hardwood-style flooring, plush carpeting, brushed nickel hardware, built-in bookshelves, designer lighting, private patios or balconies, and large walk-in closets.

 “We are pleased to add another Houston Heights community to our portfolio and to continue our management partnership with Arel Capital,” said Kirk Tate, Principal of Allied Orion Group. “This is our fourth Houston community and thirteenth nationwide community we are managing for Arel Capital, and we are fully committed to the ongoing success of the communities we have been entrusted to operate.”