REBusinessOnline

JOINT VENTURE SELLS 384-UNIT TEXAS A&M HOUSING PROPERTY

COLLEGE STATION, TEXAS — A joint venture of Houston-based Asset Plus Cos. and Baltimore-based Alex Brown Realty Inc. has sold Crossing Place Apartments, a 384-bed student housing facility at Texas A&M University in College Station. The complex, which is fully leased for the 2013-2014 school year, is located approximately one mile from campus at 400 Southwest Parkway. Seattle-based Horizon Realty Advisors LLC purchased the property, which underwent capital improvements under the previous owner. HFF represented the seller in the transaction.

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