[GRAPEVINE, TEXAS] – May 28, 2025 – LUMA Residential is pleased to announce it has successfully assumed management of The Carter Apartments, a premier residential property located in Grapevine, Texas.

Strategically positioned in the heart of Grapevine, The Carter offers residents newly-constructed, luxurious rental community with exceptional access to the best of the city and easy access to DFW International Airport–the 3rd-busiest airport in the world. Investors benefit from the acquisition of a new asset in a prime location with limited new supply pressure. The Carter is an easy walk from more than 1.8 million square feet of high-end shopping, dining and entertainment, and a short drive from Historic Downtown Grapevine with its charming shops, renowned wineries, and diverse dining scene. Family-friendly attractions like Grapevine Mills, featuring shopping, entertainment, and the SEA LIFE Grapevine Aquarium and LEGOLAND® Discovery Center, are easily accessible. Additionally, outdoor enthusiasts will appreciate proximity to Lake Grapevine, perfect for recreation and relaxation. The Carter Apartments offers residents an exceptional living experience, featuring a range of desirable amenities including a luxurious pool, a modern fitness center, multiple resident lounges, and a stunning sky deck.

“I am beyond thrilled to welcome The Carter to our growing portfolio of luxury apartment properties! I’m equally grateful to our tremendous partners at Rockport Equity for their continued trust and collaboration as we grow together,” said Ian Mattingly, President of LUMA Residential.

LUMA Residential is dedicated to ensuring a seamless transition for all residents of The Carter Apartments. The company’s resident-focused management approach emphasizes fostering community engagement, providing exceptional service, and maintaining the highest standards of living. To learn more about The Carter Apartments and discover its unparalleled amenities and prime Grapevine location, please visit: www.cartergrapevine.com. To learn more about investing with LUMA 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 focus on resident satisfaction, community building, and operational excellence, LUMA Residential manages a diverse portfolio of apartment communities across Texas.