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ClearWorth Capital Buys Project, Searching for More Value-Add Multifam in Texas

by Realty News ReportOctober 29, 2018
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Pool at Redford Park Apartments.

CONROE, Texas – (Realty News Report) – ClearWorth Capital acquired the 213-unit Redford Park Apartments, a Class B project in Conroe, north of Houston. CBRE represented the seller.

ClearWorth is seeking value-add multifamily investments in Texas, said the firm’s Jordan Tabbert, VP of acquisitions.

ClearWorth is a Texas partnership led by the principals of Dallas-based Seneca Investments and Houston-based NOI Property Management. ClearWorth partners Warren Stone, Matthew Stone and James Marfuggi own a $400 million portfolio.

“Redford Park presented an excellent opportunity to invest in a well-maintained asset in one of the fastest growing suburbs in the country,” said Tabbert.

Oct. 29, 2018 Realty News Report Copyright 2018
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  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
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    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
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  • About
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