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Pegasus Real Estate Acquires 296-Unit Multifamily Community From Knightvest Capital In Houston

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SOLD
David Mitchell
Colin Cross
David Moore

Texas

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MultiFamily
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SOLD

Pegasus Real Estate Acquires 296-Unit Multifamily Community From Knightvest Capital In Houston

9550 Meyer Forest Drive

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MultiFamily
Sold
David Mitchell
Colin Cross
David Moore
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

The property asset involved in this transaction is a 296-unit multifamily community located at 9550 Meyer Forest Drive in Houston. Built in 2001, the property has an average unit size of 1,000 square feet and boasts a 92% occupancy rate.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Address: 9550 Meyer Forest Drive
  • Market: Houston
  • Units: 296
  • Buyer: Pegasus Real Estate
  • Seller: David Moore - Knightvest Capital
  • Broker: David Mitchell - Newmark
  • Mortgage Broker: Colin Cross - Newmark

This transaction involved Newmark acting on behalf of the seller, Knightvest Capital, in brokering the sale. Colin Cross from Newmark facilitated financing for the buyer, Pegasus Real Estate, as part of the deal, ensuring the transaction was successfully completed.

Players

David Mitchell
Newmark
David Mitchell
10 deals$150.3M volume
BROKER
Colin Cross
Newmark
Colin Cross
6 deals$71M volume(404) 275-2945
BROKER
PE
Pegasus Real Estate
BUYER
David Moore
Knightvest Capital
David Moore
14 deals$274.2M volume
SELLER

Details

SOLD
IMAGE: David Moore, David Mitchell & Colin Cross DATE: 12/03/2025 ADDRESS: 9550 Meyer Forest Drive MARKET: Houston ASSET TYPE: Multifamily ~ UNITS: 296 BUYER: Pegasus Real Estate SELLER: David Moore - Knightvest Capital (@KnightvestResidential) BROKER: David Mitchell - Newmark (@Newmark) MORTGAGE BROKER: Colin Cross - Newmark NOTE: Newmark brokered the sale of Lakeside, a 296-unit mid-rise multifamily community at 9550 Meyer Forest Drive in Houston, representing seller Knightvest Capital.The 2001-built property, averaging 1,000 sf per unit with 92% occupancy, was financed for buyer Pegasus Real Estate by Newmark’s Colin Cross.

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