You are using an outdated browser. Currently, best results will be achieved when using Firefox, Chrome, or Safari.

Trinsic News

Aura Memorial - Trinsic Residential Group Begins Work on Aura Memorial Apartment Project in Houston 07.09.14

New community will be located in the heart of the Energy Corridor

Read More »

Aura West Seattle - Trinsic Residential Group Breaks Ground on Aura West Seattle Project 06.17.14

Apartment complex will be first in Pacific Northwest for Dallas-based real estate investment firm

Read More »

Trinsic Residential Group Adds Depth and Experience to Team with Recent Hires 06.11.14

Dallas-based real estate investment firm welcomes industry veterans Sheri Thomas and Manuel Martinez

Read More »

Aura Prestonwood - Trinsic Residential Group’s Prestonwood Project Breaks Ground 06.10.14

Large “Platinum Corridor” development will feature 322 apartments in first phase

Read More »

Trinsic Residential prepares for large North Dallas apartment project 01.08.14

Dallas-based real estate investment firm Trinsic Residential Group is readying for a large apartment project in North Dallas with purchase of an 11.16-acre tract of land.

Read More »

New Dallas apartment project planned for Fitzhugh Avenue site near North Central 07.09.13

Officials with Hope Cottage emailed me to emphasize that their building has not yet sold.

Read More »

News 07.09.2014

Aura Memorial - Trinsic Residential Group Begins Work on Aura Memorial Apartment Project in Houston

DALLAS – July 9 2014 – Trinsic Residential Group (“Trinsic”) announced that it has broken ground on a 288-unit apartment community in Houston’s thriving Energy Corridor. Aura Memorial will be located on Memorial Drive between Dairy Ashford and Eldridge Parkway.

“We’re excited about Aura Memorial for a number of reasons,” said Vince Spencer, Trinsic managing director. “At the top of the list is its perfect location for commuters, near the junction of the main east/west and north/south arterials in the Energy Corridor. Our new community is centralized within the 5.4 million square feet of office space under construction in the Energy Corridor, as well as existing energy and medical employment opportunities. The location is also within the sought after Spring Branch School District.”

The five-story building with attached parking structure will have one- and two-bedroom units with designer finishes such as granite countertops, stainless steel appliances, faux wood flooring and accent walls. Community amenities will include a business center, conference room, state-of-the-art fitness facility, clubroom and cyber café. Outside, plans include a resort-style pool, barbeque area and covered lounge. A second courtyard will provide an outdoor entertainment area incorporating a bocce ball court and an outdoor kitchen with adjacent covered game room. “It’s clear from our research that urban professionals in the area will welcome a high quality development that provides easy access to shopping, dining and commuter routes,” added Spencer. “We expect Aura Memorial to lease-up quickly when work is completed.”

About Trinsic Residential Group
Trinsic Residential Group, LLC (www.trinsicresidential.com) is a privately owned firm focused on the development and acquisition of multifamily real estate in the Southwest, South Florida and Pacific Northwest regions. Trinsic develops investment-grade communities and acquires existing Class A and Class B properties that provide opportunities to add value. Since its inception in 2011, Trinsic has developed or currently has under construction more than 2,700 units totaling a capitalization of over $370 million.

For more information, please contact Sheri Thomas, director of asset management, 832-371-6295 or sthomas@trinsicres.com.

News 06.17.2014

Aura West Seattle - Trinsic Residential Group Breaks Ground on Aura West Seattle Project

DALLAS – June 17, 2014 – Trinsic Residential Group (“Trinsic”) has announced that work is underway on a 159-unit apartment complex at 4435 35th Avenue SW in West Seattle. Called Aura West Seattle, the development will include live/work units and ample underground parking. It is located near the West Side Bridge and next to the Rapid Ride stop on 35th Avenue. The project is Trinsic’s first in the Pacific Northwest.

“We are very excited to bring a fresh new product to the West Seattle neighborhood, and hope that our studio, one-bedroom, two-bedroom and townhome units will appeal to a wide range of renters,” said Jack Paauw, managing director for the company’s Pacific Northwest Division. “Our goal is to build an apartment complex that not only benefits residents, but also has a positive impact on the surrounding community. We think the hill climbs that will be included on the site, and the connection they create between 35th and 36th Avenues, will be very useful to pedestrians.”

The design of the building and the amenities offered are geared toward outdoor enthusiasts. Rooftop gardening and lounge areas, recreational equipment storage and outdoor gear rental will be some of the features. “The convenience, visibility and topography of this location gave us an opportunity to provide a superior product in a vibrant and desirable location for transit-oriented development projects,” said Paauw.

About Trinsic Residential Group
Trinsic Residential Group, LLC (www.trinsicresidential.com) is a privately owned firm focused on the development and acquisition of multifamily real estate in the Southwest, South Florida and Pacific Northwest regions. Trinsic develops investment-grade communities and acquires existing Class A and Class B properties that provide opportunities to add value. Since its inception in 2011, Trinsic has developed or currently has under construction more than 2,700 units totaling a capitalization of over $370 million.

For more information, please contact Sheri Thomas, director of asset management, 832-371-6295 or sthomas@trinsicres.com.

News 06.11.2014

Trinsic Residential Group Adds Depth and Experience to Team with Recent Hires

DALLAS – June 11, 2014 – Trinsic Residential Group (“Trinsic”) announced that Sheri Thomas and Manuel Martinez have joined the firm. Thomas is the company’s Director of Asset Management, while Martinez serves as Managing Director in the state of Florida.

Thomas, who has more than 30 years of experience in multifamily real estate, was previously the Senior Vice President of Operations at Alliance Residential for 12 years. In that role, her responsibilities included overseeing operations for 69 properties totaling more than 17,000 units. She was also responsible for business development for all major markets in Texas and Florida, Atlanta and Washington DC. Her background includes experience in the development of high-end lease-ups and dispositions.

Prior to joining Trinsic, Martinez served as Vice President for the Altman Companies, and earlier, as a Vice President for the Cornerstone Group. In his 15 years in real estate, he has developed over $1.2 billion in assets. His work portfolio includes 5,000 residential units and 100,000 sq ft of commercial space in mixed-use and standalone developments. Several of his projects have been recognized with design awards from local and national organizations.  “Sheri and Manny bring a wealth of industry experience and strong track records of success to Trinsic,” said Brian Tusa, a Managing Director at the company. “We’re thrilled to welcome them to the team.”

About Trinsic Residential Group
Trinsic Residential Group, LLC (www.trinsicresidential.com) is a privately owned firm focused on the development and acquisition of multifamily real estate in the Southwest, South Florida and Pacific Northwest regions. Trinsic develops investment-grade communities and acquires existing Class A and Class B properties that provide opportunities to add value. Since its inception in 2011, Trinsic has developed or currently has under construction more than 2,700 units totaling a capitalization of over $370 million.

For more information, please contact Sheri Thomas, director of asset management, 832-371-6295 or sthomas@trinsicres.com.

News 06.10.2014

Aura Prestonwood - Trinsic Residential Group’s Prestonwood Project Breaks Ground

DALLAS – June 10, 2014 – Trinsic Residential Group (“Trinsic”) announced that work has begun on Aura Prestonwood, the company’s newest North Dallas project. The development, near the intersection of the Dallas North Tollway and Arapaho Road, will consist of approximately 650 units, with 322 of them to be built in the first phase. The company plans to break ground on the second phase in two years.

“We feel that the rapid population growth in the area and the location of this parcel on a major thoroughfare make this the ideal time and place for this development,” said Brian Tusa, a Managing Director at Trinsic. “The project parameters align perfectly with our investment strategy.”

Trinsic has a number of Dallas apartment communities that are currently in lease-up or are in the project pipeline. This is in addition to its developments throughout Texas and the Southwest, South Florida and the Pacific Northwest.

“The market for high-end residential properties is strong now and promises to continue its upward trend,” said Tusa. “We’re moving aggressively to execute on projects that will produce positive financial returns for our investors and create great housing opportunities for our residents.”

About Trinsic Residential Group
Trinsic Residential Group, LLC (www.trinsicresidential.com) is a privately owned firm focused on the development and acquisition of multifamily real estate in the Southwest, South Florida and Pacific Northwest regions. Trinsic develops investment-grade communities and acquires existing Class A and Class B properties that provide opportunities to add value. Since its inception in 2011, Trinsic has developed or currently has under construction more than 2,700 units totaling a capitalization of over $370 million.

For more information, please contact Sheri Thomas, director of asset management, 832-371-6295 or sthomas@trinsicres.com.

News 01.08.2014

Trinsic Residential prepares for large North Dallas apartment project

Dallas-based real estate investment firm Trinsic Residential Group is readying for a large apartment project in North Dallas with purchase of an 11.16-acre tract of land.

Terms of the deal were undisclosed.

Read More »

News 07.09.2013

New Dallas apartment project planned for Fitzhugh Avenue site near North Central

Officials with Hope Cottage emailed me to emphasize that their building has not yet sold.

"We have been in talks with Trinsic Residential to potentially sell our property," Hope Cottage's Sonyia Hartwell writes.

But she said that the sale of the property "is entirely dependent on multiple zoning set asides by the city. It has not yet gone to the council for final approval and no money has changed hands."

Read More »