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Transactions - FEBRUARY 16, 2021

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Venterra Realty buys 324 units in Texas

by Released

Venterra Realty has acquired Elation at Grandway West Apartments in Katy, Texas.

Elation at Grandway West is a garden-style property, completed in 2020, with 324 apartment units. The property is located on Franz Road, less than a mile from 99, the Grand Parkway, which provides residents easy access to Interstate 10, the energy corridor, and downtown Houston. Elation's location hosts a diverse employment base with more than 15,000 medical jobs and major medical facilities including Texas Children's Hospital, Houston Methodist West, M.D. Anderson Cancer Center, and Memorial Herman Katy Hospital.

Amenities include three outdoor grilling areas, two swimming pools, a dog park, pergolas with swings, a yoga and spin studio, fire pits, and a Bocce court.

“With this acquisition, Venterra has crossed a new milestone — we now have over 18,000 units in our portfolio for the first time,” said John Foresi, CEO of Venterra Realty.

“Elation was expertly built to

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