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Anna Dupree Terrace gets new owner, makeoverAnna Dupree Terrace gets new owner, makeoverhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=218722019-02-01T06:00:00Z2019-02-02T01:30:00Z

​​​​HOUSTON –  Anna Dupree Terrace, a 151-unit seniors housing community at 10012 Cullen Blvd., has been purchased.

A renovation is set to wrap up in May 2020. When complete, the property will consist of 42 studio units, 102 one-bedroom units, and six two-bedroom units. Amenities will include a computer lab, beauty salon, and outdoor picnic areas. ​

The project will cost $23.8 million. Hunt Capital Partners has arranged a $7.2 million loan for the acquisition and renovation on behalf of an undisclosed borrower.

REBUSINESS
Houston-The Woodlands-Sugar Land
Senior Living
http://rebusinessonline.com/hunt-capital-arranges-acquisition-loan-for-151-unit-seniors-housing-property-in-houston/

​See also: Hunt Capital Partners Finances Rehabilitation of Houston Complex for the Elderly.

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