Dec 16, 2014
Houston: 900-unit apartment portfolio sold
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...
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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