Bluebird Acquires 376-Unit Multifamily Property In Baytown From Knightvest Capital | 619 Rollingbrook Street | Tip Strickland, Zach Springer | MultiFamily | Sale

Summary

Sale

TEXAS

MultiFamily

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.

Players

All
3

Agents
2
Agencies
1

$1.9B Sold

Details

Deal Summary

SOLD

IMAGE: Phil Horlock, David Moore, Zach Springer & Tip Strickland DATE: 10/05/2023 ADDRESS: 619 Rollingbrook Drive MARKET: Baytown ASSET TYPE: Multifamily ~ UNITS: 376 BUYER: Bluebird - Phil Horlock SELLER: Knightvest Capital - David Moore BROKER: Zach Springer - Newmark (@Newmark) MORTGAGE BROKER: Tip Strickland (@Tip.Strickland) - Newmark NOTE: Newmark has arranged the sale and financing of Stone Brook, a 376-unit multifamily property in Baytown, Texas. The sale was represented by Zach Springer, and financing was secured through Freddie Mac by Tip Strickland on behalf of the buyer, Bluebird.

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Address619 Rollingbrook Street

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