Houston
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.
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.