KATY - CAF Capital Partners and The Rainer Cos., in a joint venture with Blue Vista Capital Management, finalized a deal with Guefen Development Co. to acquire Haven at Westgreen, a recently completed multifamily complex located at 501 Westgreen Blvd. near the I-10 Fwy. in Katy.
The 225-unit garden-style community incorporates one- and two-bedroom floor plans that range from 670 to 1,274 sf with on-site amenities.
Cortney Cole of HFF in Houston placed a $20 million senior loan through PCCP, LLC on behalf of the borrower. The financing is for the acquisition and subsequent lease-up of the property.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.