International Partnership Completes Cash-Out of 2,954-Unit Houston Multifamily Portfolio
Veranda at Centerfield in Houston.An international partnership between New York-based GAIA Real Estate, Israel’s Menora Mivtachim Insurance and Grand China Fund has sold off the last five properties of a nine-community, 2,594-unit multifamily portfolio the venture originall acquired in 2013 for $245 million.
The properties sold include: The Veranda at Centerfield, Club at Copperleaf, Lighthouse at Willowbrook, Villas at Coronado and Enclave at…
