David S. Lobel Of Sentinel Capital Acquires Elm Creek Multifamily Community In Kingwood

The property involved in this transaction is Elm Creek, a multifamily community consisting of 168 units located at 2911 Sycamore Springs Drive in Kingwood. This community is known for its strong market position and is located in a demand-driven area.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: Not disclosed
• Address: 2911 Sycamore Springs Drive
• Market: Kingwood
• Buyer: David S. Lobel - Sentinel Capital
• Brokers: Chris Curry, Jeffrey Skipworth, Chris Young, Joey Rippel, Kyle Whitney & Jed Dalton - Berkadia

This transaction highlights the role of Berkadia in brokering the sale of Elm Creek, with its team of brokers facilitating the acquisition by Sentinel Capital. The sale of Elm Creek is part of a larger four-property portfolio that was transacted, underlining the strategic nature of the acquisition for the buyer.