HOUSTON-MEPT, a real estate equity fund worth $4 billion, has bought the Boardwalk at Town Center. The Broadwalk has 450 apartments on Riva Row in The Woodlands and is owned by USAA Real Estate Co. Cambridge Development Group and USAA Real Estate Co. jointly developed the property in 2008. The buyer was represented by Kennedy Associates.
USAA was represented by Will Balthrope and Ryan Epstein of the Balthrope Group of Institutional Property Advisors, which belongs to the Marcus & Millichap group. For the full story, go to Houston Chronicle.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
