Trive Capital | Real Estate Closes Acquisition of Multifamily Property in Southeast Houston.
MANews-(C)2009-2022
US-based property investor Trive Capital Real Estate has acquired Madison on the Lake, a 392-unit multifamily property located in Southeast Houston, the firm said.
This acquisition was completed in partnership with Sentinel Peak Capital Partners, an established multifamily operator with ownership experience in the property's immediate submarket.
Located minutes from Hobby Airport, Madison on the Lake offers lakefront access and several acres of green space in an urban setting with easy access to the area's employment hubs.
The property's community amenities include two large swimming pools, one of which overlooks the lake, an updated fitness center and clubhouse.
Trive Capital Real Estate focuses on investing in stabilized acquisition, value-add repositioning, and ground-up development...
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