HOUSTON - Interwest Capital Corp. has purchased the 180-unit Savoy Apartments, 5500 Sampson St. in the Medical Center area, from Internacional Realty.
The 11-year-old, Class A multifamily property will soon be converted into student housing to serve University of Houston and Texas Southern University.
American Campus Living will handle leasing and property management.
Earlier this year, Interwest acquired the 300-unit Camino Del Sol apartments, which serves the University of North Texas in Denton, as reported in March 2012.
Read more at GlobeSt.com.
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