Steadfast REIT Buys 1,700 Apartment Units in Houston
HOUSTON – Steadfast Income REIT has acquired a six-property multifamily portfolio in Houston with 1,692 apartment units. All properties in the portfolio were developed by...
Category : Multi-Family
Student Housing Project Near Texas A&M is Sold
COLLEGE STATION, Texas – A joint venture of Alex. Brown Realty, and Asset Plus Cos. of Houston has sold Crossing Place Apartments in College Station,...
Multifamily Deals
HOUSTON – Tip Strickland and A. David Schwarz of Grandbridge Real Estate Capital closed on a 5-year construction loan for the development of Vargos on...
Multifamily Briefs
TEMPE, Ariz. – Transwestern brokered the sale of Dorsey Place, an 84-unit apartment building on East University Drive in Tempe, Ariz., for nearly $15 million....
Apartment Project Coming to Lush Vargo’s Restaurant Site
HOUSTON – Vargos on the Lake, a 276-unit apartment community, will be constructed on the lush grounds of the defunct Vargo’s restaurant , a famous...
YTech Enters Houston Market with $35 Million Multifam Buy
HOUSTON – Ytech International, a Miami-based multifamily company has purchased five Houston apartment projects for $35 million. The seller of the 1,312-unit portfolio was LB-RPR...
REIT Buys Apartment Projects in Richardson, Texas and Nashville
DALLAS – Landmark Apartment Trust of America, a multifamily real estate investment trust (REIT), acquired two multifamily properties in separate transactions for a combined purchase...
Multi-Family Wire
RICHMOND, Va. – Landmark Apartment Trust of America, a multifamily REIT bought three multifamily properties valued at $42.15 million from Elco Landmark Residential Holdings, MB...
Austin CBD Project to Include 30-story Tower, Office and Retail
AUSTIN – CBRE Debt & Equity Finance team in Houston arranged $83.5 million in construction financing on behalf Seaholm Power, LLC for the redevelopment of...
Hotel REIT Buys Old Humble Oil Building in Houston
HOUSTON – RLJ Lodging Trust acquired the historic Humble Oil Building complex in downtown Houston for $79.5 million or $151,000 per room for what will...