HUDSON REALTY CAPITAL COMPLETES $13.2 MILLION PURCHASE OF BROADWAY SQUARE A

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HOUSTON — New York-based Hudson Realty Capital has completed the purchase of Broadway Square Apartments, a multifamily property located at 8601 Broadway Blvd. in Houston. The complex, which was purchased for $13.2 million, contains 2,469 apartments in 193 two- and three-story buildings located on 69.84 acres. Amenities include 11 in-ground pools, 28 laundry facilities and gated access to all parking and residential areas. The property was purchased in conjunction with Los Angeles-based Post Investment Group LLC from an undisclosed seller. Pinnacle Realty will manage the apartment complex.

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