Multifamily news in Houston
-
Starwood Buys 21 Affordable Housing Communities
The 4,448-unit portfolio is spread across Dallas-Fort Worth, Houston and Florida and is 96 percent occupied.
26 August 2019 17:44 -
Passco Finds a Jewel in Houston Suburbs
The investor acquired the newly renamed Sapphire Bay Apartments in Baytown, Texas.
26 August 2019 11:12 -
Watermark Residential Scores $179M Refi
The Freddie Mac conventional loans will refinance a portfolio of four multifamily communities in Arkansas, Colorado and Texas.
22 August 2019 13:45 -
Boston Capital Expands Houston Footprint
The sale marks the first time the 396-unit Aventura on Briar Forest changed hands since 2007. Canadian Imperial Bank of Commerce originated $39.5 million in acquisition financing.
06 August 2019 06:11 -
GAIA-Led JV Sells 300-Unit Houston Asset
The company initially purchased Cashel Springs in 2015 as part of a 1,376-unit portfolio, for $88.4 million.
30 July 2019 18:50 -
Bascom Sells 252-Unit Houston Asset
Newmark Knight Frank originated a $23.8 million, 10-year Freddie Mac loan on behalf of the buyer to finance the acquisition of Sierra at Fall Creek.
30 July 2019 06:46 -
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 -
Wood Partners Expands Houston Luxury Multifamily Footprint
Alta River Oaks, the 364-unit property, is located near the company’s Alta West Alabama development, which will have 304 units and also open in 2020.
24 July 2019 13:20 -
Three Pillars Capital Grows Houston-Area Holdings
The purchase of Camino Del Sol Apartments is the eighth acquisition the firm has made since forming in late 2017.
23 July 2019 13:20 -
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 -
Wood Partners Breaks Ground on 304-Unit Houston Project
The developer expects to wrap up work on Alta West Alabama in the third quarter of 2020. This community adds to the company’s existing portfolio of 16 properties managed in Texas.
03 July 2019 13:57 -
Berkshire Residential Buys Houston Community
The sale of the 276-unit Vargos on the Lake marks the first time the property changed hands since it came online in 2015.
26 June 2019 05:52 -
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