Orion Real Estate Services to Manage The Oaks at Timbergrove

By Joshua Ayers, Senior Editor

Houston—Arel Capital has announced that it has tapped Orion Real Estate Services to manage its Houston community The Oaks at Timbergrove.

“We chose Orion Real Estate Services as our property management partner in the Houston area based on their strong local presence, hands-on management team, and service oriented staff,” says Richard Leibovitch, managing partner, Arel Capital. “Orion is able to meet all of our needs from property due diligence to onsite management and reporting.”

Arel Capital, a real estate investment firm, specializes in the acquisition and improvement of multifamily communities in major U.S. markets.

The 372-unit The Oaks at Timbergrove is located at 1700 Seaspray Court near downtown in Houston’s Heights neighborhood. The community offers eight different floor plan options that come in one-, two- and three-bedroom layouts.  The community offers residents an assortment of common amenities that includes two pools, a business center, a fitness center and covered parking.

The community adds to Orion’s growing portfolio of managed properties across the country. As of now the full-service management company, which is certified by the Institute of Real Estate Management (IREM) as an Accredited Management Organization (AMO), manages more than 27,000 communities throughout the South and Midwest.