Starwood Capital Group Sells 276-Unit Lakes of 610

Lakes of 610, HoustonStarwood Capital Group sold Lakes of 610, a 276-unit multifamily complex in Houston. The buyer, Western Wealth Capital, secured a $19.7-million loan to acquire the asset, which delivered in the early 1980s. Berkadia’s Jennifer Ray and Ryan Epstein represented the seller. Andy Hill, also with Berkadia, arranged the Freddie Mac loan for the property at …

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Acquisition, Apartments & Multifamily, Houston-Galveston, National News, Southwest News