HOUSTON – Dallas-based NexPoint Residential Trust has announced two multifamily trades in the area.
The REIT acquired Hollister Place, a 260-unit property at 6565 Hollister St., for $24.5 million.
Meanwhile, the company is selling a 240-unit project in Seabrook, a municipality in southeast Harris County near Galveston Bay. The sale on Regatta Bay Apartments, located at 2555 N. Repsdorph Rd., will close in June.
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