Moses Tucker Partners Announces Land Acquisition for Future 600-Unit Multi-Family Development
A joint venture between Moses Tucker Partners, Equity Partnership Holdings and C&A Companies, the development looks to ease the housing shortage in Northwest Arkansas.
FAYETTEVILLE, Ark., Oct. 27, 2023 – Little Rock-based Moses Tucker Partners (MTP), one of the largest development, commercial brokerage and management firms in Arkansas, today unveiled the acquisition of a premium 23-acre site in Fayetteville, Arkansas. The ownership is a joint venture between Equity Partnership Holdings (EPH) – which has offices in Denver, Colorado; Charleston, South Carolina; and Newport Beach, California – Denver-based C&A Companies and MTP.
The new venture aims to develop the site into a premier, 600-unit multi-family community to meet the housing needs of the rapidly growing Northwest Arkansas region. The development, still in the early design phase, will feature an assortment of upscale amenities, such as a first-class fitness center and yoga studio, two resort-style pools, state-of-the-art smart technology, outdoor entertainment areas and convenient access to bike and nature trails. The site sits just off the primary thoroughfare of I-49 and Wedington Drive, which will offer residents unparalleled proximity to the University of Arkansas.
“After working tirelessly over the past year, we are thrilled to announce the land acquisition for this upscale multi-family development coming to the Fayetteville community,” said Chris Moses, Principal, President & Chief Executive Officer, Moses Tucker Partners. “The University of Arkansas and the larger Northwest Arkansas community are growing exponentially, so our firm is excited to bring the momentum and success of our multi-family development in Central Arkansas to this expanding market.”
MTP will lead the development of the 23-acre site and, upon its completion, assume management of the property. Construction is slated to begin in Q2 2024. To date, MTP has successfully developed and acquired over $1 billion in assets across the state of Arkansas and in various other markets.
EPH, a national privately held real estate investment company, maintains a core focus on acquiring strategically located multi-family investment properties in areas with strong fundamentals and upside potential. Since 2021, EPH has closed on over 30 multi-family properties in 9 different states, with 14 of those properties being in Arkansas.
“EPH has invested heavily in Arkansas real estate over the past few years, and we are excited to expand our footprint to the Northwest Arkansas market,” said Nick Forss, Principal, EPH. “The strong growth potential in the area makes our investment a smart choice for EPH investors.”
For more information, please contact Chris Moses, Principal, President & Chief Executive Officer with Moses Tucker Partners, at (501) 376-6555.
About Moses Tucker Partners
Headquartered in downtown Little Rock, Moses Tucker Partners is a full-service commercial, property management and development real estate operation, and one of the largest commercial brokerage and management firms in Arkansas, with 11.2 million square feet of commercial space under management. The firm has approximately 100 employees across its Little Rock headquarters and branch office in Bentonville and offers a full spectrum of real estate services for clients in Arkansas and beyond, including but not limited to tenant representation, landlord representation, real estate and economic consulting services, investment sales and capital markets, and property and facilities management. For more information, visit Mosestucker.com.
About Equity Partnership Holdings
Equity Partnership Holdings (EPH) is a real estate investment company with offices in Denver, CO, Charleston, SC, and Newport Beach, CA. The main focus of EPH is acquiring strategically located multi-family investment properties in areas with strong fundamentals and upside potential. Since 2010 EPH has closed on over 30 multi-family properties, in 9 different states, encompassing over 1,500 units. Besides multi-family investment opportunities, EPH has partnered with experienced developers on projects to provide compelling risk-adjusted returns to their investors. For more information, visit EPHproperties.com.
About C&A Companies
Since it was established in 1993, C&A Companies has successfully developed more than 2,000 residential units, ranging from multi-family communities to semi-custom and fine custom homes. C&A has also developed over 5,000 acres into 750 single-family lots while preserving over 2,000 acres as open space, dedicated parks and conservation easements. The principals of C&A have executed over $950 million in transactions, including debt, equity, development, construction and municipal bond issues. They also sit on the boards of various metropolitan districts and are actively involved in several professional and trade organizations. For more information, visit Cacompanies.com.
