Rockspring Capital announced today that it has acquired a second land parcel of 1.19 acres in the Texas Medical Center.
Rockspring Capital is a second-generation land investment firm founded in 1973 whose strategy is to acquire opportunistic land parcels and residential lots in high growth areas. Rockspring Capital acquires with all cash in markets within the “Texas Triangle” – Houston, Austin, San Antonio and Dallas/Ft. Worth. The company is now raising capital for its seventh investment fund – Opportunity Land Fund No. 7, L.P., which is targeted at $100 million.