Greybook, Marlin Spring acquire $68M multifamily portfolio
HOUSTON – Greybrook Realty Partners and Marlin Spring Investments have acquired two townhome apartment complexes totaling 566 units for $68 million.
The portfolio consists of the 278-unit Lakeview Apartments at 16755 Ella Blvd. and the 288-unit Lakeview Estates at 1699 Romano Park Ln.
The new owners are planning a value-add program to renovate units, improve common areas, and increase efficiencies across both properties, which are close to one another.
The communities offer clubhouses, fitness centers, and resort-style pools.
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