BSR REIT has sold Summer Brook, Summer Green I & II, and Summer Lake, three workforce multi-housing communities totaling 884 units in the East Texas community of Longview.
Monarch Investment & Management Group purchased Summer Brook and Summer Green I & II, and Saxony Capital Management purchased Summer Lake.
Summer Brook is located at 2300 Bill Owens Parkway in the desirable North Longview submarket near major retail amenities, including Longview Mall and Longview Towne Crossing. The 12.25-acre property includes a mix of 208 one-, two- and three-bedroom units averaging 855 square feet. Summer Brook features a resort-style swimming pool, grilling/picnic area, business center, 24-hour fitness center, reserved covered parking and available private garages, and direct access to the adjacent Paul G. Boorman Running Trail.
Summer Green I & II is situated on 19.11 acres at 110 E. Hawkins Parkway. The two-phase community features a mix of 164 one-bed
