Waterton Picks Suburban Houston for First Multifamily Acquisition of 2018
Waterton completed a deal with Virtu Investments to acquire a townhome-style apartment complex in suburban Houston in the company’s first multifamily acquisition of 2018.
Virtu, of Larkspur, CA, paid $35.2 million back in mid-2014 to acquire Carrington at Barker Cypress, a 330-unit multifamily complex located at 7202 Barker Cypress Rd. in Cypress, TX.
Completed in 2007 next to Langham Creek High School, the community consists of one- to three…