Altus Equity Group, a prominent alternative asset firm, recognized as a consistent provider of above market returns through disciplined due diligence, shrewd acquisition, and exemplary management, is excited to announce its newest acquisition in the south-central United States, the $4 Million Dollar - 98 unit Sunset Ridge complex located in Edmond, Oklahoma, a suburb ofOklahoma City. Sunset Ridge, combined with this year's earlier large acquisition of Oklahoma City's Rockwell Plaza, brings Altus Equity Group's total number of units purchased in the Oklahoma City Metro area to over five hundred in addition to 200 units in California – bringing company holdings to over $50 Million. Forrest Jinks, Altus Equity CEO, believes that Oklahoma City—which boasts Forbes Magazine ranking as "#1 America's Most Affordable City," as well as Forbes top 10 for "Best Big Cities for Jobs"— represents opportunity and market potential moving forward. Learn more about Jinks and Altus Equity projects at: www.altusequity.com or call 707-932-5887.

Jinks' powerful vision is to be an active part of up and coming communities - the area has had an unprecedented 39% in growth in tech talent over the last few years – being labeled a top "momentum market" – posting a growth rate that rivals established markets like San Francisco. According to the Greater Oklahoma City Partnership this trend will not only continue but gain more and more momentum. The extension into Sunset Ridge is a significant increase in Altus Equity Group's holdings in the area, also signaling big growth for the firm. "Sunset Ridge is a natural follow-up to the 304 unit Rockwell Plaza complex we purchased in January. Like Rockwell, Sunset Ridge needs full repositioning, and we have the best team already in place to do the work, and like Rockwell, the facility will be a huge asset in a neighborhood where we look forward to owning for a long time," says Jinks.  

The Sunset Ridge property, located at 930 S Boulevard, is a neighborhood that was also listed on MSNBC's "Ten Perfect Suburbs" list, and is comprised of nearly one hundred units situated along a major corridor in the growing suburb of Edmond. Altus Equity Group is committed to giving the property a long-overdue facelift, including interior and exterior upgrades already in the works. They also plan on instituting a tenant retention program to enhance quality of life in the up-and-coming complex.  Sunset Ridge is positioned to become an indispensable part of Edmond's infrastructure after its enhancements, as the city has placed a moratorium on new apartment construction despite population growth of over 1% per year, and anticipated job growth of 39% over the next decade.