News
Houston Multifamily

Massive Multifamily Property Broken into Two

The major 2,470-unit Broadway Square property (which just sold) has been separated into two communities--the 1,039-unit Vista Verde and 1,431-unit Alta Verde. Vista Verde is launching a $2M renovation, and brought on Monument Real Estate Services to manage the property. MRES now manages 12k units, including 10 properties in Houston, and president Stuart Zook says it’s focused on growing its portfolio with assets in markets with a growing job sector and growing Hispanic populations with deep inventories of workforce housing. (Vista Verde fit all those requirements.)

Continue reading this story with a free account

Log in or register
Related Topics: MRES, Vista Verde
Sign up for more articles like this
Subscribe to Bisnow's Houston Newsletters
Related Stories

The Wideman Co. Buys Downtown Tower From Brookfield: The Houston Deal Sheet

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Bringing Stability And Savings To CRE Insurance Through Working Layer

Forget Buildings, Retailers Are Leasing Environments

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Miami's Condo Craze Has Developers Spending Millions On Sales Galleries

Slate, Hudson Cos. Picked To Develop Massive Queens Housing Project

Ryan Cos. Secures Permit For Austin's Sixth Street Redevelopment

Rapper Rick Ross Joins 670-Unit Miami Gardens Condo Project

How A New Financing Model Helps Spur More Mixed-Income Housing

Private Equity Firm Buys Former Texas Instruments Campus For New Headquarters