Civicap Partners Acquires Multifamily Property In Houston For $61.7M

The multifamily property located at 2350 Bagby St. in Houston has recently been involved in a closed transaction. The property spans across 5 acres and consists of 419 units. The transaction took place on 09/28/2022.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $61,700,000
• Address: 2350 Bagby St.
• Market: Houston
• Units: 419
• Acres: 5

Civicap Partners acted as the landlord in the transaction, while AllianceBernstein and Merion Realty Partners were the sellers. Newmark served as the broker in the deal.