Market Rate Housing - Houston
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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.
29 July 2019 13:10 -
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.
23 July 2019 13:20 -
BRT Sells Houston Portfolio for $33M
The REIT had owned the 240-unit Stonecrossing and the 144-unit Stonecrossing East since 2013 and repositioned them through a value-add improvement program.
18 July 2019 12:35 -
Historic Downtown Houston Building Changes Hands
Randall Davis Co. converted the 79-unit Hogg Palace Lofts into a residential property in 1995. The building once served as a showroom and office for automobile retailer Armor Auto Co.
12 July 2019 08:52 -
Berkshire Residential Buys Houston Community
The sale of the 276-unit Vargos on the Lake marks the first time the property changed hands since it came online in 2015.
26 June 2019 05:52 -
Turner Impact Capital Buys 659-Unit Houston Property
The buyer funded the acquisition of the 53-building Urban Palms with a $38 million Fannie Mae loan. Walker & Dunlop originated the financing.
24 June 2019 07:59 -
Houston Community Receives $40M Fannie Mae Loan
Greystone provided the green financing for a 342-unit community owned by Alara Ventures. The loan will enable continued improvements to the property located just south of the medical district.
21 June 2019 13:36 -
Greystar Buys 668-Unit Houston Community
Avana Eldridge, formally known as AMLI on Eldridge Parkway, changed hands after 15 years. The sale was financed through a $65 million Fannie Mae loan.
10 June 2019 15:15 -
Harbor Group Grows Houston Portfolio
The 232-unit The Arrabella traded for the first time since it came online in 2015. The new owner financed the acquisition through a $39.6 million Freddie Mac loan.
20 May 2019 09:15 -
Newly Completed Houston Community Receives $28M Refi
Leon Capital Group will use the financing to retire an existing construction loan from Bank OZK for their 220-unit 1711 Caroline community.
16 May 2019 19:33 -
Houston Property Receives $37M Refi
Arel Capital will use the senior loan provided by PCCP to refinance Bayou on the Bend, a 241-unit multifamily asset in the city’s Memorial neighborhood.
13 May 2019 13:06 -
Cortland Expands in Houston
The company used a Freddie Mac loan to finance the acquisition of Tradewinds at Willowbrook from Olympus Property, which had owned the 332-unit community for seven years.
13 May 2019 10:30 -
AvalonBay Sells Houston Property for $98M
Alliance Residential financed the acquisition of the 474-unit Archstone Toscano through a $66.7 million, four-year loan from Zions Bank.
07 May 2019 19:42 -
$32M Earmarked for Houston-Area Development
Greystone has provided Hunington Properties with construction financing to build a new green-certified community in Baytown that will consist of 265 market-rate units.
02 May 2019 13:39 -
Passco Grows Houston-Area Portfolio
The Grayson in Spring, Texas, traded for the first time since it came online in 2016. KeyBank Real Estate Capital arranged acquisition financing on behalf of the new owner.
25 April 2019 12:25