Ellis-Trick Multifamily

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    The 308-unit Tower Bay Lofts will be built using Federal Housing Administration financing. The project obtained a "residential" wage decision, resulting in significant savings for the developer.

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    The four-property portfolio includes 1,616 units and approximately 16.6 million rentable square feet. Greystar acquired the it for roughly $240 million, according to Yardi Matrix.

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  • Preiss Buys 450-Bed TX Property

    The Forum serves Sam Houston State University students and offers a private shuttle service to and from the campus. The new owner intends to renovate the community.

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