CWS Capital Partners Acquires 647-Unit Multifamily Property In Downtown Houston From Camden Property Trust

The property asset involved in this transaction is a multifamily development known as Marquis Enclave, located at 301 Saint Joseph Parkway in Houston. The asset consists of 647 units and features amenities such as three swimming pools, fitness centers, and coworking space. The development occurred in two phases, with construction completed between 2006 and 2013.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: Undisclosed
• Address: 301 Saint Joseph Parkway
• Market: Houston
• Units: 647
• Buyer: Steve Sherwood - CWS Capital Partners
• Seller: Ric Campo - Camden Property Trust
• Lender: Freddie Mac
• Loan Amount: $80.6 million

This transaction involved Steve Sherwood representing CWS Capital Partners in the acquisition and Ric Campo representing Camden Property Trust in the sale. The financing of the deal is supported by a loan from Freddie Mac, highlighting the financial backing behind the property transfer.