Cardone Capital Acquires The Heights Collection In Houston's Historic Houston Heights Neighborhood

The Heights Collection, consisting of two brand new residential properties located in the historic Houston Heights neighborhood in Houston, Texas, has been sold. The properties, with a combined total of 646 units, were arranged for sale and financing by Berkadia Institutional Solutions.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not specified
• Address: 1414 North Shepherd Drive & 515 West 20th Street, Houston, Texas
• Market: Houston
• Number of Units: 646

Alliance Residential Company served as the seller of The Heights Collection, while Cardone Capital, represented by CEO Grant Cardone, acted as the buyer. The sale was facilitated by Berkadia brokers, including Chris Curry, Todd Marix, Jeffrey Skipworth, Joey Rippel, Chris Young, Mitch Sinberg, and Matt Robbins. Additionally, Berkadia Houston, led by Senior Managing Director Chris Curry and Todd Marix, represented Alliance Residential Company, while Berkadia Boca Raton, represented by Senior Managing Director Mitch Sinberg and Associate Director Matt Robbins, along with Berkadia Miami, represented by Managing Director Brad Williamson, secured acquisition financing on behalf of Cardone Capital.

It is worth mentioning that Berkadia Institutional Solutions, powered by Moran, arranged the sale and financing of The Heights Collection, which consists of two trophy-quality residential properties.