Lantower Residential hands over Magnolia Cove Lantower Residential hands over Magnolia Cove https://www.recenter.tamu.edu/news/newstalk-texas/?Item=238312020-02-05T06:00:00Z2020-02-08T00:00:00Z

​​​​​HOUSTON – Lantower Residential has sold Magnolia Grove, a 268-unit apartment community at 12601 S. Green Dr.

Built in 1984, the property has one- and two-bedroom units. Amenities include a clubhouse, swimming pool, and fitness center.

Berkadia represented the seller and secured a Freddie Mac loan on behalf of the buyer, a Dallas-based private investor.

According to Yardi Matrix, the asset was 91.4 percent occupied as of December 2019.

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​Source: Multi-Housing News​

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