BSR Acquires Two Houston Apartment Complexes for $141M

BSR Acquires Two Houston Apartment Complexes for $141M

BSR Real Estate Investment Trust of Little Rock on Thursday announced the purchase of two recently built multifamily properties in the Houston area for $141 million. The transaction is part of the company’s effort to reshape its portfolio in its core Texas market. Forayna Vintage Park Apartments is a 350-unit apartment complex in Houston. Botanic Luxury Apartments is a 288-unit complex in Spring, Texas. Both complexes were built in 2023 and have…

Hamilton Point Adds to Growing Houston Apartment Portfolio

Hamilton Point Investments has purchased Fidelis Westlake, its fifth investment in Houston’s multifamily market and 12th in the state of Texas. Commercial Edge reports the 278-unit luxury community was sold by Fidelis Realty Partners, with Key Bank originating the $29.4 million acquisition loan. Fidelis Westlake was delivered in 2023 at 12211 Summer Creek Trace Drive, on an 11-acre site. The community consists of 11 two- and three-story building…