Houston
JV Buys 128-Unit Houston Community for $11M
JLL secured financing for the acquisition of Candleridge Park Apartments, located 20 miles from downtown 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.
Passco Finds a Jewel in Houston Suburbs
The investor acquired the newly renamed Sapphire Bay Apartments in Baytown, Texas.
Watermark Residential Scores $179M Refi
The Freddie Mac conventional loans will refinance a portfolio of four multifamily communities in Arkansas, Colorado and Texas.
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.
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.
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.
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.
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.
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.