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American Landmark buys, rebrands two Houston propertiesAmerican Landmark buys, rebrands two Houston propertieshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=233602019-10-30T05:00:00Z2019-10-31T00:00:00Z

​​​Image of pool at The Jaxon on a sunny day. HOUSTON – Tampa, Fla.-based American Landmark has purchased two assets totaling 484 units.

One of the properties was the 234-unit Newport on the Lake at 1895 Barker Cypress Rd., which will be rebranded as Lakefront Villas.

The 250-unit Harbor View Apartments at 4855 Magnolia Cove Dr., being rebranded as The Jaxon, was also sold. 

The​​ assets were built in 2008 and 2010, respectively, and will undergo a combined $5.9 million capital improvement program.

Texas logoThe Real Estate Center​​​​ has more Houston multifamily news online.

​Source: REBusiness Online​

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