Houston: 900-unit apartment portfolio soldHouston: 900-unit apartment portfolio soldhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=21752014-12-17T13:40:00Z2014-12-16T00:00:00Z

HOUSTON - A 900-unit portfolio of four Class A apartments has been sold.

The portfolio, located in the Texas Medical Center and Galleria submarkets, is 95 percent leased overall and will be managed by Lincoln Property Company.

Property Name Location Submarket Units
Mirage Apartments 2100 Bering Dr. Galleria 200
Parque Del Oro Apartments 8380 El Mundo St. Texas Medical Center 224
San Melia Apartments 6383 El Mundo St. Texas Medical Center 252
Versailles Park Apartments 7200 Almeda Rd. Texas Medical Center 224

Southwest Multifamily Partners, a commingled fund jointly led by Los Angeles-based CityView and Dallas-based Lincoln Property Co. purchased the portfolio in a joint venture with an institutional co-investment partner.

tag: Houston apartment

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