Related Entities

Arendsee Group Holdings

Our apartment communities average around 200 units in size, ranging from 52 to 364 apartment homes. We make substantial investments in capital improvements, and we maintain them to ensure our properties remain the premier living choice within each of their respective neighborhoods. We strive to be recognized as both ‘a great place to call home’ and the leading owner and operator of multifamily communities in our areas.

The Texas properties can be viewed at www.wakliving.com and include:

  • Autumn Breeze | 240 Apts, Lewisville, TX
  • Autumn Place Townhomes | 37 Townhome Apts, Lewisville, TX
  • Bahama Glen | 287 Apts, Dallas, TX
  • Bella Vita at Vita at Three60 | 196 Apts, Arlington, TX
  • Bowen of Arlington | 185 Apts, Arlington, TX
  • Coventry at Cityview | 360 Apts, Fort Worth, TX
  • Dolce Vita at Vita at Three60 | 204 Apts, Arlington, TX
  • Holiday Hills | 104 Apts, Dallas, TX
  • Holiday Hills II | 52 Apts, Dallas, TX
  • Hulen Gardens | 200 Apts, Fort Worth, TX
  • Saint Croix | 288 Apts, Dallas, TX
  • Springfield Crossing | 252 Apts, Arlington, TX
  • Summer Hill | 240 Apts, Dallas, TX
  • Trinity Meadows | 264 Apts, Fort Worth, TX
  • Tuscany | 240 Apts, Fort Worth, TX
  • Woodlands of Arlington | 264 Apts, Arlington, TX

The Tennessee properties include:

Other Related Entities

WAK Management Company, Inc. was created in 1990 to provide property manager and asset management services for the Arendsee Group properties in the DFW area. Currently, the Arendsee group is their only client. Each property pays a monthly management fee of approximately 4% of rental income. Annual revenues are roughly $3 million. They have approximately 130 employees and are located in Arlington, Texas. WAK Management is headed by John Gillespie, President and Jodi Spurrell, EVP. [www.wakliving.com]
 
WAK Enterprises, LP, was established in 1981 as a family limited partnership to own real estate and other investments. The General Partner is A.W. Arendsee Real Estate, Inc, with Allan Arendsee as the sole shareholder. WAK Enterprises owns a portion of several of the apartment communities, as well as other investments.
 
KAWA Insurance, Inc. is a Texas based licensed and operating captive insurance company started in 2015. Its purpose is to help manage and mitigate risk among the various Arendsee group entities and to help set aside reserves for the inevitable claim. 
 
Brandy Investments Fund, LLC (BIF) owns small pieces of largely illiquid real estate investments. It was originally created to support and invest with friends of the Arendsee family.
 
A.W. Arendsee Real Estate, Inc. was originally created by Allan Arendsee as a real estate brokerage company specializing in Downtown San Diego office brokerage. At its peak the firm represented approximately 24% of all office space in Downtown San Diego. In 2006 Allan sold the assets of the company to a firm that became Cushman & Wakefield, retaining the corporation. It currently serves as the general partner for WAK Enterprises. Allan Arendsee remains President and sole shareholder.
 
The Arendsee Family Foundation was established in 2023 by Richard and Judith Arendsee as a 501(c)(3) non-profit organization. Funded by an $8 million donation upon the death of Richard Arendsee, gifts distributed in 2024 exceeded $450,000. Allan, Wayne and Keith Arendsee serve as the Directors.
 
Allan and Lyndsey Arendsee Family Foundation is a 501(c)(3) non-profit organization managed by Lyndsey Arendsee to make charitable gifts. Total value of the Foundation is over $3.5 million and gifts distributed in 2024 totaled approximately $150,000. The Board of Directors includes Allan, Lyndsey, and their adult children, Allyson Darakjian and Andrea Cardillo. [theallanandlyndseyarendseefamilyfoundation.org]