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Transactions - AUGUST 4, 2022

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Sunsail Capital and ZaneCRE acquire 350 unit apartment complex in Humble, Texas

by Released

New York City–based Sunsail Capital and Dallas-based ZaneCRE have announced the joint acquisition of Sarah at Lake Houston, a garden-style community located in Humble, Texas, a premier submarket within the Houston MSA.

The Sarah at Lake Houston is a 350-unit, 2020 construction, class A multifamily community located in the fastest growing submarket within the Houston MSA. The property features unique lakeside living and an exceptional amenities package highlighted by a resort-style pool, biergarten, multi-sport simulator, state-of-the-art athletic center, executive business and conference center, and dog park, along with luxurious interior finishes.

The investment leads commented, “We believe in the strength and stability of the Houston metro market and its long-term growth potential. We are proud to add Sarah at Lake Houston to our real estate portfolio in Texas. This property is in a strong position due to its stable, high-income tenant base and superb location.

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