Eastham Capital Sells Kensington Crossings Multifamily Property In Houston With 254 Units

The sale involved a multifamily asset located at 14651 Philippine Street in Houston, comprising 254 units. The property includes a range of one- to three-bedroom units and offers amenities such as a pool, pet park, and business center. The details of the transaction amount were not disclosed.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not disclosed
• Address: 14651 Philippine Street
• Market: Houston
• Units: 254
• Seller: Matthew Rosenthal & Eric Silverman - Eastham Capital

The transaction was executed after Eastham Capital implemented a value-add program since acquiring the property in 2018 alongside Mosaic Residential. The identity of the buyer remains undisclosed.