HOUSTON—A two-property multifamily portfolio in Spring Branch has changed hands, according to Transwestern's Houston Multifamily Investment Services Group.
The seller of the 117-unit portfolio was OSD Ltd.; an undisclosed buyer purchased the portfolio. The off-market deal involved the sale of Spring Gardens, a 79-unit, garden-style community located at 1714 Wirt Road and Johanna Square, a 38-unit, garden-style community, located at 1715 Johanna Drive.
Transwestern managing director Ed Cummins and senior associate Ryan Mendez represented the seller. Terms of the deal are not being disclosed.
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