Bluebird Acquires 376-Unit Multifamily Property In Baytown From Knightvest Capital

Stone Brook, a 376-unit multifamily property located at 619 Rollingbrook Drive in Baytown, Texas, has been sold. The sale of the property was arranged by Newmark, a leading real estate advisory firm. Bluebird, represented by Phil Horlock, purchased the property from Knightvest Capital, represented by David Moore. The transaction was facilitated by Zach Springer of Newmark. Stone Brook is a highly sought-after multifamily asset in the Baytown market.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: Not available
• Address: 619 Rollingbrook Drive, Baytown, Texas
• Market: Baytown
• Units: 376

Phil Horlock, acting on behalf of Bluebird, acquired Stone Brook, adding it to their real estate portfolio. The sale was expertly negotiated by Zach Springer of Newmark. Additionally, financing for the acquisition was secured through Freddie Mac, with Tip Strickland of Newmark acting as the mortgage broker.