ValCap sells 304-unit Trails at Lake Houston
Connect Texas Commercial Real Estate News March 12, 2020 ValCap Group sold Trails at Lake Houston, a 304-unit multifamily asset located in Lake Houston, TX. Raamco International acquired the property at 13922 Woodson Park Dr., in the northeast Houston submarket. The property, situated on 13 acres, delivered in 2017, and is adjacent to the 4,000-acre, master-planned Generation Park. Will Balthrope, Drew Kile, Jennifer Campbell and William Griffin with Marcus & Millichap’s Institutional Property Advisors (IPA) represented the seller and procured the buyer. “The Lake Houston neighborhood is one of Houston’s fastest-growing zip codes, and the city’s five-year projected population growth …
ValCap sells 216-unit Towers at Clear Lake; follows sale of Trails at Lake Houston
The following article appeared in Connect Texas Commercial Real Estate News on March 16, 2020 Within weeks of trading Trails at Lake Houston, seller ValCap Group is at it again. The Dallas-based owner-operator sold Towers at Clear Lake, a 216-unit multifamily property in Clear Lake, TX, in the southeast Houston metro. The buyer, Raamco International, also acquired Trails at Lake Houston. According to Will Balthrope with Marcus & Millichap’s Institutional Property Advisors (IPA), the deal doesn’t represent a major divestiture from ValCap. Balthrope partnered with IPA colleagues Drew Kile and Jennifer Campbell to represent the seller. “Formerly a combination of for-rent apartments …
ValCap President discusses strategies and outlook in the era of Covid-19
ValCap Founder and President Richard Fishman recently discussed strategies and outlook for investors and owners of multifamily properties. The Online Fireside Chat Webinar focused on current conditions, and what owners and investors can expect as the coronavirus outbreak unfolds. The webinar is available on YouTube and Apple iTunes. …
ValCap President interviewed for leading real-estate investing podcast
Richard Fishman, President and Founder of The ValCap Group, was recently interviewed for the podcast ACHIEVE WEALTH through Value Add Real Estate Investing. The interview is now live on iTunes, Stitcher, YouTube, and Spotify. …