Eaton Vance Real Estate Investment Group Acquires 360-Unit Multifamily Property In Katy From Joe Lubeck

This multifamily property transaction involves 360 units located at 23400 Kingsland Boulevard in the Katy market. Eaton Vance Real Estate Investment Group purchased the asset from Electra America, facilitating the transaction with a Fannie Mae loan from Walker & Dunlop.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $40 million
• Address: 23400 Kingsland Boulevard
• Market: Katy
• Buyer: Eaton Vance Real Estate Investment Group
• Seller: Joe Lubeck - Electra America
• Lender: Walker & Dunlop
• Units: 360

Joe Lubeck represented Electra America in the sale of the property, while Walker & Dunlop played a key role in financing the acquisition. This transaction highlights the involvement of multiple stakeholders in executing the deal successfully.