Multifamily news in Houston
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NAPA Ventures Nabs 2 Communities in Lake Jackson, TX
In partnership with a private equity group, NAPA Ventures acquired two communities totaling 401 units. The company plans to renovate both properties.
10 May 2017 19:32 -
Nitya Capital Acquires Vintage Community in Westchase District
The transaction increases Nitya Capital’s Texas portfolio to more than 9,000 units and $710 million worth of assets under management.
10 May 2017 08:00 -
Sagora Senior Living Sets Foot in Katy, TX
The senior housing operator acquired The Orchard Assisted Living & Memory Care, their first community in Katy, Texas. The property consists of 50 assisted living units and 40 memory care apartments.
03 May 2017 12:00 -
Museum BLVD’s Final Look
Reflecting the design of nearby museums, the mid-rise Houston development will flaunt a building envelope composed of stucco featuring a façade with ceramic tile pattern. First-floor condos will offer expanded outdoor living spaces with artistic railings created from laser-cut metal.
03 May 2017 11:49 -
Arrimus Announces Student Housing Acquisition, New Hire
The Class A property, located less than a block from the University of Houston, offers 654 beds within two five-story buildings and was named “Best Off-campus Apartments” property by the university’s students.
03 May 2017 09:49 -
Allied Orion Group’s Mid-Rise Community Now Leasing in Houston
The 242-unit property is slated for August move-ins and offers studio, one- and two-bedroom floor plans.
25 April 2017 07:35 -
Texas, Israeli Investors Snap Up Houston Property
The PPA Group and a private investor have acquired a 236-unit community. PPA plans to renovate the units and upgrade the amenities.
21 April 2017 14:07 -
Capstone Expands Texas Property Management Portfolio
The firm added five communities across the state, bringing its portfolio to roughly 35,000 units. Property locations include Brownsville, Clear Lake, Pearland, Pharr and San Marcos.
12 April 2017 09:35 -
Houston Heights Tower Completes $12M Renovation
The age-restricted property has rents ranging from $435 to $566 per month, including utilities.
29 March 2017 09:26 -
HHA Breaks Ground on Mixed-Income Community
The 154-unit development will feature accessible or adaptable units for disabled residents.
29 March 2017 08:28 -
Hunt Finances 3 Properties Deep in Heart of Texas
The company provided $62.6 million in loans for communities in Farmers Branch, San Antonio and Houston.
24 March 2017 13:56 -
Yardi Matrix: Houston’s Shaky Economy
Houston’s multifamily market is still reeling from the oil price collapse in 2015, which resulted in thousands of job cuts and slowing investment activity.
21 March 2017 18:58 -
Matrix Monthly: February Rent Growth Scores Love-Love
While rent growth remained stagnant during February, Yardi Matrix's latest monthly report assures that strong fundamentals and the promise of a growing economy bode well for the industry.
21 March 2017 08:11 -
HFF Facilitates $65M Financing for CityCentre
CityCentre consists of retail, office, hotel and residential space.
20 March 2017 17:16 -
Portico Property Management, Crossbeam Capital Announce JV
The two companies will manage more than 6,200 units under the Portico brand.
17 March 2017 09:19