Manny Mehos Acquires 70-Acre Development Site In Galveston For Residential Community

Manny Mehos, the CEO of Sentinal Trust, has purchased a 70-acre development site in Galveston, Texas. The site will be used for the construction of a beachside residential community called Roseate Beach. The community will feature 172 homesites and will offer amenities such as a resort-style pool and pickleball courts. Construction is scheduled to begin by the end of the year.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: Not specified
• Market: Galveston
• Acres: 70

Manny Mehos, the buyer of the property, is the CEO of Sentinal Trust. The seller of the property is Marquette Cos. The development site in Galveston, Texas, will be transformed into a beachside residential community called Roseate Beach. The community will comprise 172 homesites and will offer various amenities for the residents to enjoy. Construction is expected to commence before the end of the year.