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Transactions - JULY 3, 2024

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Hamilton Point Investments spends $450m of multifamily acquisitions

by Released

Hamilton Point Investments (HPI) has acquired a four-property Houston apartment portfolio totaling 1,174 apartment units built in 2022.

The properties were purchased from a Texas-based multifamily developer for $195 million, which represents a cost per unit of $166,100. Three of the assets closed in late June and one closed in May.

HPI owns and manages multifamily properties, hotels, student housing, and manufactured housing communities. It raises its , equity from accredited individual investors through their independent broker-dealer financial advisors, as well as from registered investment advisors in a series of closed-end real estate private equity funds.

The Houston 

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