HOUSTON (GlobeSt.com) – Gaia Real Estate, along with Menora Mivtachim Insurance and Amitim Senior Pension Funds, has acquired a local 1,376-unit apartment portfolio.
The five Class-B multifamily, garden-style properties are concentrated in the Spring Branch/Bear Creek and Champions East submarkets. Gaia plans to upgrade and, in some cases, rebrand the properties.
Gaia now owns 19 area apartment properties totaling 5,670 units.
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