Houston
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.
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.
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.
Kairoi Residential Buys Again in Texas
The company continues its lively acquisition pace with the purchase of a 308-unit community in Houston Heights.
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.
Houston Property Completes Renovations, Opens After Hurricane Harvey
Kings Cove Apartments underwent $6 million in upgrades to the first-floor apartment interiors and several of the amenity spaces.
WINLYND Buys TX Student Housing
The company plans to renovate Village at Lamar, a 384-bed and 96-unit property that serves students of Lamar University in Beaumont.
NXT Capital Arranges $46M for TX Apartments
The firm placed the first mortgage loan with HFF to refinance the 354-unit Pierpont, located in Spring. The community includes a club house, a billiard room and an onsite car wash.
S2 Capital Expands Houston Footprint
The nearly 800-unit property, built in 1973, includes a mix of one- to three-bedroom apartments. The new owner plans to upgrade the community’s units and amenities.
Capstone Expands TX Management Portfolio
The firm will manage two recently traded Class C communities in Houston and Waco, totaling 315 units across 27 buildings.