Finance & Investment - Houston
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Houston Community Lands $14M in Construction Financing
HS Development received a HUD 221(d)(4) loan for the 115-unit The Edge at Langham Creek project. MidHudson arranged the transaction, with Greystone as originator.
12 April 2019 07:39 -
Houston Apartment Community Changes Ownership
Located in the heart of Houston’s Energy Corridor, the Ashford Apartments was purchased by Allied Orion Group in its first multifamily acquisition in 19 years.
04 April 2019 14:13 -
Houston Community Receives $26M Loan
Park Texas Apartments’ 587 units spread across 51 two-story buildings. The garden-style community is undergoing extensive capital improvements, following damage caused by Hurricane Ike.
22 March 2019 13:31 -
Freddie Mac, NEF Launch New LIHTC Fund
The fund’s first three investments in Houston and Los Angeles total more than $60 million and come several months after Freddie Mac re-entered the LIHTC market.
06 March 2019 14:41 -
$26M Financing Earmarked for Houston Portfolio
Capital One provided the Fannie Mae loans to Solid Goods Corp. to refinance the Villas at Cypresswood and the Lakewood Apartments.
21 February 2019 14:28 -
Luxury TX Community Changes Hands
Berkadia’s Senior Managing Director Ryan Epstein and Director Jennifer Ray from the company’s Houston office arranged the sale on behalf of seller Alliance Residential.
21 February 2019 08:04 -
Indus Management Group Acquires Houston Asset
Vanderbilt Court, located in southwest Houston, was purchased for $11 million. The buyer secured an $8.2 million loan for the property.
12 February 2019 10:37 -
Newly Completed Houston Community Gets $14M Refi
Guefen Development, which opened the 150-unit Class B asset in December 2018, used the new mortgage to retire an $11.3 million construction loan.
06 February 2019 13:58 -
Arel Capital Buys 504-Unit Houston Community
Allied Orion Group is overseeing property management for the multifamily asset. The new owner plans to begin renovations this year.
17 January 2019 12:01 -
Newly-Constructed Houston-Area Community Changes Hands
Oxford Enterprises Inc. purchased the 224-unit property located in Waller, Texas, from T.R. Inscore in a transaction facilitated by Institutional Property Advisors.
14 January 2019 16:18 -
NXT Capital Provides $18 Million Financing for TX Acquisition
The Class B+ community is located in Houston, roughly 11 miles west of George Bush Intercontinental Airport and 1 mile west of Interstate 45.
07 January 2019 13:43 -
Olympus Property Buys Houston-Area Luxury Asset
The 260-unit garden-style community is located in Katy, Texas, a booming suburb west of the city.
14 December 2018 15:45 -
TX Community Changes Hands
The 144-unit property was purchased by Transcontinental Realty Investors after the U.S. Housing of Urban Development granted approval for the expansion of Southern Properties Capital’s multifamily portfolio this summer.
11 December 2018 16:50 -
JV Acquires 2 Houston Communities
Greybrook Realty Partners and Marlin Spring Investments paid $68 million for the garden-style properties in the city's Romano Woods neighborhood.
03 December 2018 20:43 -
Investcorp Acquires $311M Multifamily Portfolio
The properties, totaling 2,876 units, include three communities in Houston, two in Tampa, Fla., and one in Salt Lake City.
29 November 2018 16:57