LUMA Residential Announces Acquisition of The Carter Apartments

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Grapevine, Texas (May 28, 2025) – LUMA Residential is pleased to announce that it has successfully assumed management of The Carter Apartments, a premier residential community located in Grapevine, Texas.

Strategically positioned in the heart of Grapevine, The Carter offers residents a newly constructed luxury rental community with exceptional access to the best of the city and convenient proximity to DFW International Airport, the third-busiest airport in the world. Investors also benefit from the acquisition of a new asset in a prime location with limited new supply pressure.

Prime Location Near Shopping, Dining, and Entertainment

The Carter Apartments is within easy walking distance of more than 1.8 million square feet of high-end shopping, dining, and entertainment. Residents are also just a short drive from Historic Downtown Grapevine, known for its charming shops, renowned wineries, and diverse dining options.

Family-friendly attractions such as Grapevine Mills, featuring shopping and entertainment venues including SEA LIFE Grapevine Aquarium and LEGOLAND® Discovery Center, are easily accessible.

Outdoor enthusiasts will also appreciate the close proximity to Lake Grapevine, offering opportunities for recreation, outdoor activities, and relaxation.

Luxury Amenities Designed for Modern Living

The Carter Apartments provides residents with an exceptional living experience, offering a wide range of desirable amenities, including:

-A luxurious resort-style pool
-A modern fitness center
-Multiple resident lounges
-A stunning sky deck with views of the surrounding area

Leadership Perspective on the Acquisition

“I am beyond thrilled to welcome The Carter to our growing portfolio of luxury apartment properties,” said Ian Mattingly, President of LUMA Residential.

“I’m equally grateful to our tremendous partners at Rockport Equity for their continued trust and collaboration as we grow together.”

LUMA Residential’s Resident-Focused Management Approach

LUMA Residential is committed to ensuring a seamless transition for residents of The Carter Apartments. The company’s management approach focuses on:

-Fostering community engagement
-Delivering exceptional resident service
-Maintaining the highest standards of apartment living

To learn more about The Carter Apartments and explore its amenities and prime Grapevine location, visit: www.cartergrapevine.com

To learn more about investing with LUMA Residential and its affiliate Rockport Equity, visit: www.RockportEquity.com

About LUMA Residential

LUMA Residential is a dynamic and growing property management company dedicated to creating exceptional living experiences. With a strong focus on resident satisfaction, community building, and operational excellence, LUMA Residential manages a diverse portfolio of apartment communities across Texas.