AUSTIN, TX. January 24, 2017 — IMT Capital, LLC, a private real estate investment firm, together with its affiliate, IMT Residential, a leading nationwide apartment operator with multi-family properties that extend throughout Arizona, California, Colorado, Florida, Georgia, and Texas, is pleased to announce that Riata was recognized by Bayan Water as an H2OverAchiever.
Banyan Water’s H2OverAchiever awards recognize organizations that have used Banyan Water’s technology to achieve significant water savings in 2016. Riata successfully saved over 47 million gallons of water this past year.
Located at 12300 Riata Trace Parkway in Austin, Texas 78727; Riata is a completely unique residential compound comprised of eight distinct gated communities spread across of 160 lushly landscaped acres and centralized around a beautiful Town Center. Set among a tranquil lakeside setting with lush natural greenbelts, miles of trails, and loaded with impressive features and amenities; Riata possesses a feeling more reminiscent of a luxurious resort than the average apartment community.
With 2,044 units, Riata caters to a diverse resident profile with classic, upgraded, and premium floorplans. Each community and unit style offers an assortment of interior finishes and price points available for even the most discerning resident; without having to sacrifice the impressive amenity package and community feel that Riata boasts.
“We are elated that Riata was recognized as one of Bayan Water’s H2OverAchievers, and we are proud to have contributed to the Bayan Water’s combined total of over 300 million gallons of water saved in 2016” said Joseph Elhabr, Vice President, IMT Residential. IMT plans to continue these efforts in water conservation for 2017.
About IMT Residential
IMT Residential is a Los Angeles based privately held full-service operator of multi-family residential communities. The company currently manages over 19,009 residential units and 51 communities in six U.S. states. Founded in 1992, IMT Residential has been recognized on the lists of Top 50 multifamily firms nationally by the National Multi-Housing Council (NMHC) and Multi-Family Executive Magazine and is also recognized by the United States Green Building Council for their LEED for Homes construction projects. Additional information on IMT Residential can be found at www.imtresidential.com.
About IMT Capital
IMT Capital, LLC is a private real estate investment firm based in Los Angeles, CA, with offices in San Francisco, CA and Austin, TX. The company’s principals have made investments in excess of $2 billion in value since 1992. The company is a specialized manager concentrating in multifamily opportunities in major U.S. markets. Additional information on IMT Capital can be obtained by going to www.imtcapital.com.