Bender Companies, a vertically integrated multifamily investment firm, is excited to announce its acquisition of The Colonial Apartments, a 258-unit community located at 3022 1/2 N 97th St, Omaha, NE, in partnership with Eastham Capital.

Built in 1967, The Colonial offers spacious floor plans averaging 902 square feet and a range of onsite amenities, including an outdoor swimming pool with sundeck, a community room, in-building laundry facilities, and storage lockers. The property features a mix of studio, one-, two-, and three-bedroom layouts.

“We’re excited to enter the Omaha market with the acquisition of The Colonial,” said Mark Barnes, Director of Investments for Bender Companies. “Omaha’s strong economy, steady job growth, and limited housing supply create an ideal environment for long-term growth, and we look forward to making improvements and providing quality housing for our residents.”

Ideally located near I-680 and Maple Street, The Colonial provides great drive-by visibility and convenient access to major employers such as Methodist Healthcare, Charles Schwab, Aetna, Children’s Hospital & Medical Center, along with nearby retail and entertainment options.

Omaha’s strong economic growth has earned national recognition, with Forbes naming it the #1 Best City to Move in 2024 and Multi-Housing News ranking it the #1 Emerging Market.

Bender Companies plans to make strategic capital improvements at the property, with a focus on interior renovations and exterior upgrades, including roof replacements, balcony repairs, and parking lot enhancements.

The addition of the 258-unit asset marks Bender’s entry into the Nebraska market, bringing its total portfolio to over 5,300 units owned.

About Bender Companies  

Based in Chicago, IL, Bender Companies is an owner-operator specializing in the acquisition and management of value-add multifamily assets. Since its inception in 2011, Bender Companies has established a proven track record of high-performing investments through strategic acquisitions, mitigating risk, and effective management.