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Waterton Breaks Into Houston Market

HOUSTON–Chicago-based Waterton Associates LLC is entering the Houston market. The firm has acquired the Villas at Hermann Park, a 320-unit wrap-style rental community adjacent to Hermann Park and the Texas Medical Center.

By Anna Caplan | Updated on January 22, 2015

HOUSTON–Chicago-based Waterton Associates LLC is entering the Houston market. The firm has acquired the Villas at Hermann Park, a 320-unit wrap-style rental community adjacent to Hermann Park and the Texas Medical Center.

“We are very excited about Villas at Hermann Park as it represents Waterton’s first acquisition in Houston, as well as a strong value-add opportunity in a quality, institutional location,” Matt Masinter, senior vice president of acquisitions for Waterton, told GlobeSt.com.

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