Waterton bags 809-unit portfolio
HOUSTON – Waterton has acquired a local multifamily portfolio totaling 809 units.
The portfolio includes the:
348-unit Reserve by the Lake at 18600 S. Parkview Dr. in Houston,
264-unit Madison on the Meadow at 12660 Stafford Rd. in Stafford, and
197-unit Summerwind at 2414 County Rd. 90 in Pearland.
All three of the assets will undergo capital improvement programs, focusing on interior and exterior renovations.
According to Yardi Matrix information, Hills Properties was the seller of all three properties.
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Source: Multi-Housing News
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