Monument Real Estate Services Expands Texas Footprint with Two Apartment Management Assignments. Firm's management portfolio surpasses 2,200 units in Texas with additions of Timber Run and West Point Village

Monument Real Estate Services, an A-Rod CORP company and a preferred manager of multi-family real estate, announced today that it has secured two multi-family apartment management assignments in Houston West Point Village, a 330-unit garden-style asset, and Timber Run, a 120-unit garden-style community, surpassing 2,269 units across the state. We are very pleased with our expansion throughout the Houston market with these compelling value-add management assignments, said Stuart Zook, Principal of Monument Real Estate Management. As Houston transitions into a phase of strong growth in the multi-family market, we look forward to continued growth in this region as well as providing exceptional services and desirable amenity improvements to the residents we serve across the 10 properties we manage throughout the state. Located at 3635 South Shaver Street in the Pasadena suburb of Houston, West Point Village spans across seven, 2-story buildings and six, 3-story buildings, and is comprised of layouts ranging from studios to four-bedroom units featuring walk-in closets, range, and patios or balconies. The garden-style community additionally features a swimming pool, three on-site laundry centers, playground, basketball court, soccer field as well as gated access and 24-hour maintenance. Situated on 12.35 acres, West Point Village is located near major points of transit and medical centers, including Ellington International Airport, William P. Hobby Airport, and Bayshore Medical Center. Timber Run, located at 13000 Woodforest Boulevard in the Spring, Texas suburb of Houston, spans across 11, two-story buildings and one, single-story clubhouse, and is comprised of studios, one-, and two- bedroom apartment homes featuring expansive closets, high speed internet access, fully equipped kitchens, and a private balcony and patio. Community amenities include a pool with gazebo, gated access, 24-hour maintenance, lush landscaping and convenient laundry center. Additionally, the apartment community is located near a variety of retail and outdoor destinations including New Forest Crossing Shopping Center, Texaco Country Club, and North Shore Park. Timber Run is also approximately 15 minutes away from Interstate 10 and is 10 minutes away from the Crosby Freeway. As part of the firm's comprehensive management services, a number of upgrades to the communities will be implemented including ground fault interrupters, parking lot and sidewalk improvements, HVAC replacements, upgraded landscaping, upgraded granite counter tops, fixtures, appliances, and plank flooring. Monument's other properties throughout Texas include Sutton Place in Corpus Christi; Crossings at Allen Square, Crossings Burke Regency and Crossings Sun Meadow in Pasadena; Driscoll Place in Houston; Terraces on the Parkway in Grand Prairie; Crossings at Irving in Irving; as well as Courtyards on Glenview in Fort Worth. For more information, please visit https://www.mresmgmt.com/.