Trinnium Equity Group Acquires Property On Cypress Trace Rd In Houston With Berkadia's Representation

The transaction involved the sale of Cypress Parc, a 200-unit apartment complex located at 18001 Cypress Trace Rd, Houston, TX, within the Houston market. The property offers two- and three-bedroom units, with sizes ranging from 926 to 1,420 square feet, featuring walk-in closets, washer and dryer connections, and private balconies/patios. Amenities include a pool, fitness center, business center, clubhouse, volleyball court, and outdoor grilling and dining areas.

Summary of transaction details:

• Property Type: Apartment Complex
• Transaction Amount: Not specified
• Address: 18001 Cypress Trace Rd, Houston, TX
• Market: Houston
• Seller's Representative: Kyle Whitney, Chris Curry, Jeffrey Skipworth, Joey Rippel - Berkadia
• Buyer's Representative: Chris Young - Compass, Chris Young - Range Realty Advisors
• Buyer: Trinnium Equity Group
• Seller: Lionel Partners
• Acquisition Financing arranged by: Cutt Ableson - Berkadia

The brokers involved in this transaction include Chris Young, who represented the buyer through both Compass and Range Realty Advisors. The deal was facilitated by representatives from Berkadia, including Kyle Whitney, Chris Curry, Jeffrey Skipworth, and Joey Rippel, highlighting the collaboration among multiple agents during the acquisition process.