ITEX Expands Portfolio with Acquisition of Timbers Edge in Beaumont, TX

Timbers Edge Beaumont

Houston, TX– June 26th, 2023 – ITEX, a leading multifamily management, and development company, is excited to announce the acquisition of Timbers Edge, an apartment community located at 1075 Pinchback Rd, Beaumont, TX 77707. This acquisition further enhances ITEX’s commitment to providing quality housing and exceptional resident experiences.

Timbers Edge Apartments offers a range of one, two, three, and four-bedroom affordable family apartments. Each unit features spacious floor plans, private entries, and upgraded kitchens with new standard appliances, cabinets, and flooring. The apartments also offer updated bathrooms, ample closet space, and more. Conveniently situated just off Hwy 90 and Dowlen Road, Timbers Edge provides easy access to nearby amenities, including an athletic center, shopping centers, and a variety of restaurants.

“We are thrilled to add Timbers Edge to our portfolio and continue our mission of developing quality housing options,” said Chris Akbari, ITEX CEO. “This acquisition aligns with our commitment to creating communities where residents feel proud to call home.”

As part of ITEX’s ongoing commitment to improving resident and prospect experiences, the company is excited to implement process improvements at Timbers Edge. These enhancements aim to streamline the leasing process, provide better customer service, and create a seamless transition for residents. By continuously evaluating and refining its processes, ITEX is dedicated to ensuring a positive and efficient experience for residents and prospective tenants.

“We are excited to welcome Timbers Edge into the ITEX family,” added Dakota Courville. “We look forward to enhancing the resident experience and creating a vibrant community that meets the needs of our residents.”

For more information about ITEX and its portfolio of properties, please visit itexgrp.com.

About ITEX

Founded in 1981, ITEX has developed over 8,000 units in over 60 communities representing more than $800 million in completed developments. The team currently manages over 7,400 luxury and affordable housing units. The development of new communities — from ground-up planning to comprehensive neighborhood revitalizations — is a core component of what ITEX does. ITEX is also recognized as one of America’s “Top Places to Work in Multifamily” and is a fast-growing multifamily developer with a passion for building quality housing and great resident experiences.

Media Contact:

John Gonzalez – VP of Marketing and Customer Experience

Email: john.gonzalez@itexgrp.com

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