Houston
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.
Keener Investments Buys Houston-Area Community
Situated within the Kingwood master-planned community, Elm Grove Apartments is two-story property comprising a total of 122,300 rentable square feet.
Houston Asset Lands $36M Refi
Nottingham Village is a two-story property featuring two-, three- and four-bedroom units spread across a 16.4-acre site. The owner plans to renovate the community.
Houston Luxury Community Tops Off
Expanding Memorial City’s site, the 670,000-square-foot Barryknoll project will feature one-, two- and three-bedroom layouts. The development is scheduled for completion by August 2019.
Houston Garden-Style Community Trades Ownership
The 229-unit community is located in the Katy/Cinco Ranch/Waterside submarket in southwest Houston and offers units ranging from 620 to 1,326 square feet.