Tag: Houston

Browsing Tag:Houston

29th Street Capital Acquires 14220 at Park Row Apartments; Community is Firm’s Tenth Houston-Area Acquisition

Houston, Texas (September 24, 2019) – 29th Street Capital (29SC), a privately-held real estate operator, has acquired 14220 at Park Row Apartments, a 1998 vintage, 318-unit multifamily community located in West Houston. 29SC plans to re-brand the property and implement a smart technology upgrade program. “We are excited to add this asset to our Houston portfolio,” said Doug Burt, Vice President of Acquisitions in Houston. “The property will benefit from continued employment growth in the energy sector and lack of…

29th Street Capital Acquires Limestone Apartments; Community is Firm’s Ninth Houston-Area Acquisition

Houston, Texas (March 12, 2019) – 29th Street Capital (29SC), a privately-held real estate operator, has acquired Limestone Apartments, a 1999 vintage, 438-unit multifamily community located in West Houston. 29SC plans to implement a capital plan which will include Interior upgrades new granite countertops, modern paint, black appliances, and new cabinets. Exterior renovations will focus on landscaping, signage and amenity improvements. “This is a newer, high-quality asset in a growing submarket,” said Doug Burt, Vice President of Acquisitions in Houston.…

29th Street Capital Expands Houston Area Portfolio; Acquires Cali Sommerall Apartments

Houston, Texas (Oct. 29, 2018) – 29th Street Capital (29SC), a privately-held real estate operator, has acquired Cali Sommerall Apartments, a 368-unit multifamily community located in the Copperfield/Bear Creek submarket of Houston. 29SC plans to invest over $2 million in capital improvements. Apartments will receive new granite countertops, a modern paint scheme, hardware and fixtures. New amenities will include a package locker delivery system, a dog park, fitness equipment and grilling stations. Renovations are planned for the clubhouse, leasing office,…

29th Street Capital Acquires Seventh Houston Area Multifamily Community

Houston, Tex. (October 4, 2016) – 29th Street Capital (29SC), a privately-held real estate investment and advisory firm, has acquired Clear Lake Condominiums, a 284-unit multifamily rental community in Webster, Texas. The transaction represents 29SC’s seventh acquisition in the greater Houston market. The firm’s strategy will be to invest approximately $2 million into renovations to upgrade unit interiors, enhance the property exterior and add or update key resident amenities. The firm will rebrand the community as Barringer Square Apartments. The…