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Disrupt Equity Acquires Lone Star 3-Pack Multifamily Portfolio From Nitya Capital

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SOLD
Zach Springer
Carter Mizell
+ 1

Texas

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MultiFamily
Sold 11/01/2023
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Property Image
SOLD

Disrupt Equity Acquires Lone Star 3-Pack Multifamily Portfolio From Nitya Capital

516 Stafford Springs Avenue, 20000 Saums Road & 2501 Wickersham Lane

See Similar Deals
MultiFamily
Sold 11/01/2023
Zach Springer
Carter Mizell
+ 1
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Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

The Lone Star 3-pack, a multifamily portfolio consisting of 673 units in Austin and Houston, has been sold by Nitya Capital to Disrupt Equity. The portfolio includes three properties: Treehouse, Stonecreek, and Waterstone Place. Located in high-performing multifamily markets, these properties offer value-add potential.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not available
  • Units: 673
  • Buyer: Disrupt Equity - Feras Moussa
  • Seller: Nitya Capital - Swapnil Agarwal
  • Brokers: Carter Mizell, Jim Young & Zach Springer - Newmark

Newmark, represented by Carter Mizell, Jim Young, and Zach Springer, has facilitated the sale of the Lone Star 3-pack. The deal involved the acquisition of a multifamily portfolio comprising 673 units across three properties in Austin and Houston. Disrupt Equity, led by Feras Moussa, recognized the potential for value-add in these properties, located in high-performing multifamily markets.

Players

Zach Springer
7 deals$1.9B volume
BROKER

James "Jim" Young
Newmark
8 deals
BROKER



Nitya Capital
SELLER

Details

SOLD
IMAGE: Feras Moussa, Swapnil Agarwal, Carter Mizell, Jim Young & Zach Springer DATE: 11/01/2023 ADDRESS: 516 Stafford Springs Avenue, 20000 Saums Road & 2501 Wickersham Lane MARKET: Stafford, Katy & Austin ASSET TYPE: & Multifamily ~ UNITS: 673 BUYER: Disrupt Equity (@Disrupt_Equity) - Feras Moussa (@Feras.Moussa) SELLER: Nitya Capital (@NityaCapital) - Swapnil Agarwal (@TheSwapnilAgarwal) BROKERS: Carter Mizell (@CarterMizell), Jim Young & Zach Springer - Newmark (@Newmark) NOTE: Newmark has finalized the sale of the Lone Star 3-pack, a multifamily portfolio consisting of 673 units in Austin and Houston, featuring properties Treehouse, Stonecreek, and Waterstone Place. The portfolio, originally owned by Nitya Capital, was purchased by Disrupt Equity, offering value-add potential, and is located in high-performing multifamily markets.

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