Altus Equity Group Solidifies Growth with Strategic Multifamily Acquisition in Lubbock

Altus Equity Group has completed a significant acquisition in the vibrant heart of Lubbock, Texas, demonstrating a strong commitment to strategic growth amidst the ever-changing landscape of real estate capital markets. By securing a two-property multifamily portfolio with 279 units, Altus stands as a testament to a well-executed investment strategy in the current economic climate.

The two communities, Bentwood Apartments and Bend at Bentwood Apartments, are strategically located along Loop 289, positioning them near key retail and employment centers—a factor that contributes to their high occupancy rate of approximately 99%. Financed with long-term, fixed-rate assumable debt, these properties emphasize secure investments with the added benefit of stability in various market conditions—a strategy echoed by Andy Eicher, Senior Vice President of Investments at Altus Equity Group.

“We remain active in sourcing and executing opportunities where pricing, operations, and capital structure align,” noted Eicher, underlining the company’s proactive and adaptable investment approach. Eicher’s remarks reinforce Altus Equity Group’s cautious yet progressive mindset, aiming to build on durable operations, downside protection, and responsiveness to shifts in the market.

This acquisition is part of a landmark year for Altus, signaling not just growth but adaptation and diversification. In 2025, not only has the firm augmented its multifamily property holdings throughout West Texas, but it has ventured into the industrial segment with the acquisition of 160,000 square feet in the Dallas-Fort Worth Metroplex. Furthermore, the launch of the Altus Secured Income Fund showcases the company’s innovative financial solutions.

Looking ahead, Altus Equity Group is poised to maintain its momentum into 2026. With their multifaceted strategy of acquisitions and platform expansion, they unequivocally demonstrate a dedication to fostering communities and generating value. As the multifamily housing sector continues to adapt, companies like Altus underscore the pertinence of meticulous investment methodologies that yield positive outcomes even in periods of market uncertainty.