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After Closing Off-Market Texas Apartment Deal, S2 Capital Plans Up to $750 Million Capital Raise

Deal Was ‘Too Good To Pass Up at a Price That Was Compelling,’ S2 Capital CEO Says
Lincoln Crossing, a 532-unit garden-style apartment property along Preston Road in Dallas, was part of the 14-property portfolio bought by S2 Capital. (CoStar)
Lincoln Crossing, a 532-unit garden-style apartment property along Preston Road in Dallas, was part of the 14-property portfolio bought by S2 Capital. (CoStar)

S2 Capital, a national investor touting itself as the biggest buyer of apartment units in Texas, has added a 14-property apartment portfolio spanning 4,455 units in the greater Dallas-Fort Worth and Houston areas in a deal that uses up most of its available funds, prompting the company to launch another value-add fund.

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