|Eva Longoria part of multifamily buy in NW Houston||Eva Longoria part of multifamily buy in NW Houston||https://www.recenter.tamu.edu/news/newstalk-texas/?Item=18321||2017-11-15T06:00:00Z||2017-11-15T22:45:00Z|
HOUSTON – Turner Multifamily Impact Fund has purchased Bridges of Cypress Creek, a 314-unit garden-style apartment complex located at 17710 Red Oak Dr. near FM 1960 and I-45.
Built in 1980, Bridges of Cypress Creek consists of 25 two-story apartment buildings and features a clubhouse, fitness center, and tennis court.
The Los Angeles-based fund partnered with actress Eva Longoria and NBA star Chris Paul to provide rental housing for families who earn less than the area median income.
The fund, managed by Los Angeles-based Turner Impact Capital, announced the purchase of nearly 1,300 units across four properties.
|Houston Chronicle||Houston-The Woodlands-Sugar Land||Multifamily|| http://www.chron.com/business/real-estate/article/Celebrity-backed-Los-Angeles-investor-buys-12336402.php|
Check out more Houston Multifamily Market Research.
Also see the BusinessWire Press Release.