Multifamily news in Houston
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Job, Population Growth Bolsters Demand in Houston
After a prolonged dry spell, multifamily rent growth is once again outpacing the U.S. average, reaching 3.9 percent for the 12 months ending in June.
30 August 2018 12:37 -
Greysteel Arranges Acquisition Loan for TX Community
Lancaster Cornwall Apartments offers 265 units and access to amenities such as two swimming pools, a clubhouse and a fitness center.
15 August 2018 15:47 -
CBRE Brokers Houston-Area Community Sale
Senior Vice Presidents Clint Duncan and Matt Phillips represented seller Investors' Property Services in the disposition of the 576-unit Madison Park Apartments, while Executive Vice President Michael Thompson arranged the financing.
10 August 2018 06:15 -
Houston-Area Value-Add Changes Hands for $15M
Wimbledon Apartment Homes represents Canadian Western Wealth Capital’s first acquisition in Houston and the forth in Texas. The property encompasses 161 units.
02 August 2018 07:17 -
L5 Investments, BH Equities Sell Houston Asset
GVA Real Estate Group has acquired the Huntington Glen Apartments, a 364-unit community that includes two pools and a playground.
31 July 2018 18:12 -
Dalcor Holdings Secures $52M for Houston Affordable Housing
The company's plan to acquire and restore the 805-unit Vista on Gessner is significant to the area because Hurricane Harvey caused damage to the housing stock.
02 July 2018 16:47 -
JV Lands $72M for Houston Property
Dinerstein Cos. and Coventry Real Estate Advisors secured the loan to refinance Millennium High Street, a 340-unit community with 26,000 square feet of retail space.
29 June 2018 14:50 -
HUD Approves $5B State Action Plan for Harvey
The Texas General Land Office will directly administer and oversee the programs associated with the Community Development Block Grant – Disaster Recovery funds.
28 June 2018 05:58 -
Praedium Group Snags Houston Community
Discovery at Mandolin comprises 260 units and access to a dog park, a fitness center and a cybercafe. The property is set to undergo capital improvements.
26 June 2018 14:27 -
Ryan Cos., Grand Living Plan 2 Luxury Senior Communities in Texas
The communities include the Grand Living at Riverstone in Sugar Land and Grand Living at Georgetown. Both will have 180 units and feature an age-in-place model.
22 June 2018 15:36 -
Houston Apartment Portfolio Attracts Competitive Offers
Florida-based One Real Estate Investment has purchased Houston Southwest Two Pack, which comprises Airport Gardens and Airport Landing, totaling 412 units.
15 June 2018 18:59 -
Advenir Secures $173M to Refinance Denver, Houston Properties
HFF arranged the loans on behalf of the borrower through Freddie Mac's CME Program. Proceeds will refinance floating-rate debt on five assets.
06 June 2018 13:17 -
Westmount Sells 362-Unit Houston Community
The Beverly Palms has received $1 million in improvements over the past six years, including a newly painted exterior, architectural enhancements and updated common areas.
04 June 2018 16:52 -
Kairoi Residential Buys Again in Texas
The company continues its lively acquisition pace with the purchase of a 308-unit community in Houston Heights.
11 May 2018 20:18 -
Houston Makes Buoyancy Its Brand
The metro’s multifamily market displayed a strong performance in the fourth quarter of 2017. As construction remains robust, rents are expected to rise by 2.3 percent in 2018.
26 April 2018 15:41