Allied Orion Tapped to Manage Houston’s Bayou on Bend
The Arel Capital-owned 242-unit luxury property is located in the Memorial neighborhood, overlooking the downtown district. The community includes more than 60 floor-plan variations, as well as some two-story units.
By Jeffrey Steele
Full-service multifamily management, investment and development firm Allied Orion Group has been selected to oversee the management of Houston’s Bayou on the Bend apartment community. The 242-unit luxury apartment property is situated in the exclusive Memorial neighborhood, an enclave of diverse, upscale homes arrayed along densely-wooded streets bookending Buffalo Bayou on Houston’s near west side.
Situated at 5201 Memorial Drive in Houston, Bayou on the Bend overlooks Buffalo Bayou, serving up panoramic perspectives on Houston’s downtown district. The rental community offers a dozen open-concept floor plans in a mix of one-, two- and three-bedroom configurations. Apartment homes are distinguished by features such as hardwood floors in all living areas, Euro-style stained wood cabinetry and granite countertops.
Additional features and finishes of the residences include undermount sinks, Italian porcelain tile in kitchens and baths, stainless steel upgraded appliances, convection microwaves, oversized closets, dramatic 10-foot ceilings, full-size washer-dryer combinations, solar window coverings, fireplaces and outdoor kitchens.
The apartments range from approximately 700 to 2,475 square feet in size. Bayou on the Bend offers more than 60 floor-plan variations, as well as some two-story units.
The Arel Capital-owned luxury apartment community features a number of common-area amenities, including a rooftop deck, infinity-edge pool with Bahama-style Palepu Tiki Hut, indoor steam rooms, hot tub, state-of-the-art fitness center, domed clubroom, social lounge with picturesque city view, executive business center and conference room, outdoor kitchen and covered parking.
“We are pleased to be partnering with Arel Capital again, and to be adding another one of their Houston communities to our management portfolio,” said Allied Orion Group COO Ian Douglas. “Bayou on the Bend is the third Houston community and the 11th community we manage for Arel Capital Nationwide.”
Allied Orion Group is based in Houston, and maintains additional offices in Denver, Dallas and San Antonio.
