Eastham Capital, a private equity real estate firm dedicated to providing superior, risk-adjusted returns to investors through the transformation of undervalued multifamily real estate, announced the disposition of a multifamily community, University Green Apartments, a 194-unit apartment community located in Houston.
University Green Apartments was acquired in 2018 by Eastham Capital Fund V, as a joint venture between Mosaic Residential and Eastham Capital. The investment was identified as a value-add opportunity in a growing market benefiting from strong regional employment drivers, proximity to major transportation corridors and continued population growth across the greater Houston area. The sale price was not disclosed.
“University Green Apartments was an outstanding investment for Eastham, and we are pleased with the successful sale of this property,” said Matthew Rosenthal, founder and managing director at Eastham Capital. “The asset’s strong performance
