Houston-Focused Miami Investor Buys Another Apartment Complex; Moving to Lake Charles Market
HOUSTON – Miami-based Advenir Inc., one of the the most active multifamily investors in southeast Texas, has acquired a project in Lake Charles, La. near...
Category : Multi-Family
Hines Selling Houston Multifamily Project on Café Adobe Site
HOUSTON – Hines is selling its 21 Eleven apartment project near the southwest corner of Westheimer Road and South Shepherd Drive in Houston’s Inner...
Two Multifamily Properties Sold
HOUSTON – Mosaic Residential, a Houston-based multifamily investment and management company, has acquired two apartment communities in Humble on the northeast side of Houston. Clint Duncan...
Multifamily News Briefs From Realty News Report
COLLIERS INT’L SELLS 32 STUDENT HOUSING UNITS NEAR PRAIRIE VIEW A&M PRAIRIE VIEW, Texas — Colliers International handled the sale of 32 units of student...
NexPoint Residential Buys One Houston Apartment Complex, Selling Another One
HOUSTON – NexPoint Residential Trust, a Dallas-based REIT, has reported on two multifamily trades in the Houston area. NexPoint acquired Hollister Place, a 260-unit property...
Class C Multifamily Purchased by PPA Group and Israeli Investors
HOUSTON – The PPA Group of Austin, in partnership with an Israeli investment group, has acquired the 236-unit Citation North Apartments on Highland Cross Drive...
Transwestern Sells 1,600 Units in North Texas
DALLAS – Transwestern’s Dallas-based Multifamily Investment Services Group has closed transactions on 1,600 units valued at $85 million in North Texas. Transwestern Principal Taylor Snoddy...
Houston Apartment Association’s State of the Industry: Worst is Over, But Recovery Won’t Be Instant
HOUSTON – Houston’s multifamily industry will have a lackluster 2017 with upscale Class A properties as the weakest sector. That’s the word from the Houston...
Hanover Gets Refi for $91 Million Apartment Project Near Rice University
HOUSTON – Holliday Fenoglio Fowler (HFF) arranged fixed-rate financing for Hanover Rice Village, a 379-unit apartment community near Rice University in Houston. HFF worked exclusively...
Florida Firm Buys Another Houston Multifamily Complex
HOUSTON – Florida-based Atlantic | Pacific Companies, along with its co-sponsored fund, Blue Atlantic Partners, completed its fifth property acquisition this year – and ninth in the state...