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909 Texas Avenue
SOLD

Galium Capital Acquires Multifamily Property In Houston For $53.75M

909 Texas Avenue

MultiFamily
278,422 SF
clock iconSold 1 year ago
Thomas Alleman
David Mitchell
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Summary

Sale
TEXAS
MultiFamily
278,422 sqft

A multifamily property located at 909 Texas Avenue in Houston has been sold in a closed transaction. The property consists of 308 units and spans 278,422 square feet. The sale price for this transaction was $53,750,000, resulting in a price per unit of $174,513 and a price per square foot of $193.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $53,750,000
  • Address: 909 Texas Avenue
  • Market: Houston
  • Buyer: Galium Capital (represented by Jacques Bessoudo and Jonathan Slomianski)
  • Seller: Crow Holdings
  • Brokers: David Mitchell and Thomas Alleman from Newmark

Jacques Bessoudo and Jonathan Slomianski from Galium Capital purchased the property from Crow Holdings. The transaction was facilitated by brokers David Mitchell and Thomas Alleman from Newmark.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Thomas Alleman's profile picture
Thomas Alleman
Newmark-image
Managing Director
$53.8M Sold
David Mitchell's profile picture

Details

Deal Summary
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SOLD
IMAGE: Jacques Bessoudo, Jonathan Slomianski, David Mitchell & Thomas Alleman DATE: 03/31/2023 ADDRESS: 909 Texas Avenue MARKET: Houston ASSET TYPE: Multifamily BUYER: Galium Capital (@GaliumCapital) - Jacques Bessoudo (@JacquesBessoudo) & Jonathan Slomianski (@JSlomi) SELLER: Crow Holdings BROKERS: David Mitchell & Thomas Alleman - Newmark (@Newmark) SALE PRICE: $53,750,000 UNITS: 308 ~ PPU: $174,513 SF: 278,422 ~ PPSF: $193

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