Finance & Investment - Houston
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JV Acquires Houston Rental Property
Excelsa Properties and GoldCor Capital Partners purchased the 392-unit community, Bayou Parc at Oak Forest, as part of a $86 million value-add strategy.
29 July 2019 13:10 -
BRT Sells Houston Portfolio for $33M
The REIT had owned the 240-unit Stonecrossing and the 144-unit Stonecrossing East since 2013 and repositioned them through a value-add improvement program.
18 July 2019 12:35 -
Historic Downtown Houston Building Changes Hands
Randall Davis Co. converted the 79-unit Hogg Palace Lofts into a residential property in 1995. The building once served as a showroom and office for automobile retailer Armor Auto Co.
12 July 2019 08:52 -
Turner Impact Capital Buys 659-Unit Houston Property
The buyer funded the acquisition of the 53-building Urban Palms with a $38 million Fannie Mae loan. Walker & Dunlop originated the financing.
24 June 2019 07:59 -
Houston Community Receives $40M Fannie Mae Loan
Greystone provided the green financing for a 342-unit community owned by Alara Ventures. The loan will enable continued improvements to the property located just south of the medical district.
21 June 2019 13:36 -
Hunt Arranges Refi for 940-Unit Houston Affordable Property
The $28.3 million Freddie Mac financing will be used to upgrade interiors of vacant units and add a leasing office and fitness center to The Heights at Post Oak.
23 May 2019 11:47 -
Newly Completed Houston Community Receives $28M Refi
Leon Capital Group will use the financing to retire an existing construction loan from Bank OZK for their 220-unit 1711 Caroline community.
16 May 2019 19:33 -
Houston Property Receives $37M Refi
Arel Capital will use the senior loan provided by PCCP to refinance Bayou on the Bend, a 241-unit multifamily asset in the city’s Memorial neighborhood.
13 May 2019 13:06 -
AvalonBay Sells Houston Property for $98M
Alliance Residential financed the acquisition of the 474-unit Archstone Toscano through a $66.7 million, four-year loan from Zions Bank.
07 May 2019 19:42 -
$32M Earmarked for Houston-Area Development
Greystone has provided Hunington Properties with construction financing to build a new green-certified community in Baytown that will consist of 265 market-rate units.
02 May 2019 13:39 -
Houston Community Receives $11M Refi
Nitya Capital used the loan to retire a prior acquisition financing for the 176-unit Capewood Apartments. Arbor Realty Trust originated the seven-year Fannie Mae loan.
19 April 2019 09:33 -
Eagle Property Capital Expands Houston Portfolio
The company added to its holdings in the city with three communities totaling 750 units acquired through a private investment vehicle.
16 April 2019 12:25 -
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