Galium Capital Acquires Multifamily Property In Houston For $53.75M

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.