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Kings Capital Acquires 200& Value-Add Multifamily In Pasadena, TX From Rockstar Capital

Property Image
SOLD
George Giannopoulos
Thomas Giannopoulos
+ 1

Texas

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MultiFamily186,500 SF
Sold 12/30/2021
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Property Image
SOLD

Kings Capital Acquires 200& Value-Add Multifamily In Pasadena, TX From Rockstar Capital

Pasadena, Texas, United States

See Similar Deals
MultiFamily186,500 SF
Sold 12/30/2021
George Giannopoulos
Thomas Giannopoulos
+ 1
Contact now

Summary

TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:186,500 SF
Transaction Type:Sale

Kings Capital, led by George Giannopoulos, Thomas Giannopoulos, Jeffrey Znaty, and Richard Wheeler, has successfully completed their first transaction in Texas. The off-market purchase involved a value-add apartment complex located in Pasadena, Houston, TX. The complex, consisting of over 200 units, presents a promising opportunity for Kings Capital to enhance its value through strategic investments.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: Not specified

Rockstar Capital, the seller in this transaction, facilitated the sale of the property to Kings Capital, marking a successful deal for both parties involved. With this acquisition, Kings Capital is expanding its investment portfolio in Texas, while Rockstar Capital continues to capitalize on lucrative opportunities in the real estate market.

As part of Kings Capital's expansion strategy, the company is actively searching for garden-style complexes in Texas, Florida, Georgia, and the Carolinas. Additionally, they are also interested in value-add multifamily properties, mix-use developments, and development sites in New York City. To explore investment opportunities, interested parties can reach out to Kings Capital at [email protected].

Players

BROKERAGE

20 deals$118.3M volume
BUYER

George Giannopoulos
Kings Capital
16 deals$76.2M volume
BUYER

Thomas Giannopoulos
Kings Capital
6 deals$29.5M volume
BUYER

Richard Wheeler
Kings Capital
5 deals$11.4M volume
BUYER

Details

SOLD
IMAGE: George Giannopoulos, Richard Wheeler & Jeffrey Znaty DATE: 12/30/2021 MARKET: Pasadena, TX ASSET TYPE: Multifamily BUYER: Kings Capital - George Giannopoulos, Thomas Giannopoulos, Jeffrey Znaty & Richard Wheeler SELLER: Rockstar Capital NOTE FROM BUYER: Kings Capital purchased an off-market 200+ value-add apartment complex in the Pasadena Houston, TX. This marks Kings Capital first transaction in Texas. Kings Capital is currently seeking to acquire garden-style complexes in Texas, Florida, Georgia and the Carolinas in addition to value-add multifamily, mix-use and development sites in New York City. Please email all opportunities to [email protected]

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