Kairoi Residential Acquires Class A Multifamily Community in Houston
Roughly one month after closing on a 1,210-unit apartment portfolio in its home market of San Antonio, multifamily investment and management firm Kairoi Residential finalized a deal with Alliance Residential Co. to acquire Broadstone City Park in Houston for an undisclosed amount.
Built in 2003, Broadstone City Park is a 308-unit, Class A apartment copmplex offering one-, two- and three-bedroom units in 15 buildings. The community is currently…