Houston
Cardone Capital Buys 507-Unit Houston Asset
Built in 1992, Woodway Square is a luxury community comprising 33 buildings. Its former owner—Fairfield Residential—will continue to manage the property.
Capstone Expands TX Footprint
The 10th-largest affordable housing management company added more than 800 apartment units to its portfolio, extending its reach to nearly 80 cities.
Berkadia Arranges Fannie Mae Loan for Houston Community
Located at 10498 Fountain Lake Drive in Stafford, Texas, the property is a three-story garden-style community spread across a 13-acre site.
HFF Secures Financing for Houston Luxury Tower
Located at 2930 Kirby Drive, Hanover River Oaks is a to-be-built, 39-story, 370-unit luxury high-rise multifamily tower with approximately 10,000 square feet of ground-floor retail space.
Northwest Properties Snags 216-Unit Houston Community
Seneca Investments sold Stoneleigh on Spring Cypress, an 11-building market-rate multifamily property in Spring, Texas, to Hayden Properties.
Houston Embarks on Healing Process
The outlook for the multifamily sector will brighten as residents in need of housing absorb the new supply. Rents showed positive growth for the first time in more than a year.
Allied Orion Group to Manage Houston Affordable Housing
The community, located in Crosby, Texas, and currently undergoing renovations, contains 86 units and five buildings.
Houston Luxury Apartments Add Co-Working Space
Ascension on the Bayou, a 280-unit community, has opened the 10,000-square-foot amenity, the first of its kind in the city. The space allows startups and companies a workspace in the main lounge, and co-workers are permitted to use resident amenities.
Westmount Realty Capital Hooks Houston’s Copper Mill
Renovations are planned for the 34-year-old garden-style community, which is currently 98 percent occupied.
PGIM, Hanover Snap Up Houston Property
The JV has acquired Mosaic at Hermann Park, a 396-unit community with 20,087 square feet of ground-floor retail space.