BREAKING NEWS

MetroNational Hires JLL to Lease New Vacant Tower

RNR Real Estate Briefs – Texas & more

Irreplaceable Center Sold in The Village

Rice Developing Major Midtown Building in Ion District

Houston Buying Spree: Another Office Building Sold

HAR.com Expands to Include Commercial Real Estate Listings

REALTY NEWS REPORT - Logo

Downtown Houston
RNR-RalphBivinsProject-Interviews
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact
FacebookLinkedinYoutubeEmail
REALTY NEWS REPORT - Logo

Dallas Firm Buys Houston Multifamily Project

by Realty News ReportFebruary 13, 2017
Share0

HOUSTON – Dallas-based Westmount Realty Capital has acquired the 257-unit London Park apartments, a Class B garden-style project on Bammel North Houston Road in North Houston.

The community, which was purchased from an affiliate of Fairfield Residential Company of San Diego, was built in 1982. Renamed Westmount at London Park, it is 95 percent occupied, says Michael Anderson, senior director of acquisitions at Westmount.

Westmount, led by CEO Clifford Booth, has acquired 3,300 multifamily units over the last five years.

“The acquisition of London Park has allowed Westmount to strengthen its presence in Houston,” Booth said. “As a major corporate center, Houston is home to 23 Fortune 500 companies and the property’s location allows residents to easily commute to the city’s major employers.”

Financing for London Park was provided by Berkadia.

Feb 13, 2017 Realty News Report Copyright 2017

Share0
previous post
Realty News Report Named Media Partner for Texas Healthcare Real Estate Summit Feb. 24 in Houston
next post
Houston Apartment Association’s State of the Industry: Worst is Over, But Recovery Won’t Be Instant

Related posts

MetroNational Hires JLL to Lease New Vacant Tower

Realty News ReportSeptember 22, 2025

RNR Real Estate Briefs – Texas & more

Realty News ReportSeptember 20, 2025

Irreplaceable Center Sold in The Village

Realty News ReportSeptember 17, 2025September 19, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Search News

CommGate Economic Outlook
CommGate
new version
Partners Ad
CBRE Ad
Hines Ad
Avera Ad
RNR Ad 030124
Ziegler Cooper Ad
Lee & Associates Ad
2021 Realty News Report Ad
RNR - Lincoln Property Company
Hunington Ad
230725-RNR_Digital-Ad_Red
Hunington Ad

Let's Connect

logo
About US
Author Ralph Bivins is editor of Realty News Report, which covers regional and national news. Bivins recently received the Gold Award for Best Column in the National Association of Real Estate Editors Journalism Competition. Contact us
Follow us
FacebookLinkedinYoutubeEmail
@2022 All Right Reserved. Powered by CGS Digital Marketing
REALTY NEWS REPORT - Logo
FacebookLinkedinYoutubeEmail
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact