Atlantic | Pacific Companies Acquires 401-Unit Multifamily Property In Houston

An apartment complex located at 875 North Eldridge Parkway in Houston has been sold in a recent transaction. The property, classified as multifamily, consists of 401 units.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not mentioned
• Number of Units: 401
• Market: Houston
• Date of Sale: 04/25/2022
• Address: 875 North Eldridge Parkway

The buyer for this apartment complex was Atlantic | Pacific Companies, while the seller was AEW Capital Management. The deal was facilitated by Berkadia, with brokers Todd Marix, Chris Curry, Jeffrey Skipworth, Chris Young, Joey Rippel, and Kyle Whitney representing both parties. In addition, the mortgage brokers for the transaction were Andy Hill and Tyler Nowlin from Berkadia.