Embrey Acquires Retreat at Chelsea Park in Selma, TX

SELMA, Texas, Oct. 27, 2021 /PRNewswire/ — Embrey Partners, LLC, a San Antonio-based diversified real estate investment company, has expanded its multifamily portfolio in Central Texas with the acquisition of Retreat at Chelsea Park in Selma, Texas.

Embrey’s purchase of the high-quality, 280-unit property built in 2006 closed on October 27 in a sale brokered by Patton Jones of Newmark. Embrey will benefit from the community’s prime location along the I-35 corridor in the northeast sector of San Antonio’s metropolitan area that has seen high rental demand in recent years. The nationally recognized, award-winning Embrey Management Services will take over management of the community.

Retreat at Chelsea Park is the first closing of Embrey’s recently introduced acquisition group led by Alex Sampson, Vice President of Acquisitions. The newly formed group is aggressively seeking multifamily procurement opportunities across high-growth Texas and Sunbelt markets. Click to read more at www.prnewswire.com.