BREAKING NEWS

Pagewood JV Buys 13 Buildings in NW Houston

Central Park Post Oak Coming to Galleria Area

Construction Tops Out at Office Tower

RNR Real Estate Briefs – Texas & more

Mixed-Use Project Kicks Off Near Texas Medical Center

Home staging insights from NAR survey

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

Sold – Class A Apartment Project North of Houston

by Realty News ReportApril 30, 2020July 5, 2020
Share0
A California investor has acquired The Loop Apartments in Conroe. Photo:JLL

HOUSTON – (Realty News Report) – Lakebridge Loop LLC has acquired The Loop Apartments, a 188-unit, Class A apartment community in Conroe, north of Houston.

The seller, Apartment Advisors, Inc. was represented by a JLL Capital Markets led by led by Greg Austin, Chip Nash, Bob Heard, Chris Curry, Todd Marix, Chris Young, Joey Rippel and Kyle Whitney.

In addition, JLL worked on the buyer’s behalf to arrange a fixed-rate Fannie Mae acquisition loan. The loan will be serviced by Jones Lang LaSalle Multifamily, LLC, a Fannie Mae DUS lender.

Conroe is located about 40 miles north of Houston and there is considerable residential growth in the area, including new The Woodlands Hills master planned community developed by the Howard Hughes Corp.

The Loop Apartments is located at 3400 Loop 336 near Interstate 45. Completed in 2017, the property consists of eight three-story apartment buildings that house a mix of one-, two- and three-bedroom floor plans averaging 909 SF.

JLL’s Capital Markets debt placement team representing the new owner was led by Tim Leonhard, Mary Davis and Eric Hightower.

April 30, 2020 Realty News Report Copyright 2020
Share0
previous post
Black Creek Group Acquires New Clay Development Project Near Port of Houston
next post
Sellers Retreat: New Listings Down 28 Percent in Houston as Homeowners Delay Putting Homes on the Market

Related posts

Pagewood JV Buys 13 Buildings in NW Houston

Realty News ReportJune 5, 2025

Central Park Post Oak Coming to Galleria Area

Realty News ReportJune 4, 2025

Construction Tops Out at Office Tower

Realty News ReportJune 3, 2025

Leave a Comment Cancel Reply

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

Search News

CommGate
new version
ECD-RealtyNewsReport-Ad-300x250
Partners Ad
CBRE Ad
Arch Con Corporation Ad
Hines Ad
Avera Ad
RNR Ad 030124
Ziegler Cooper Ad
Lee & Associates Ad
2021 Realty News Report Ad
RNR - Lincoln Property Company
Hal Gordon - Property Tax Lawyer
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