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KATY, TEXAS — Memphis-based investment firm Fogelman Properties has purchased Inkwell Greenhouse, a 301-unit apartment community located in the western Houston suburb of Katy. Built in 2018 by metro Atlanta-based Davis Development, the property offers one-, two- and three-bedroom units and amenities such as a pool, outdoor pavilion area, clubhouse, fitness center and pet spa/dog park. According to Apartments.com, residences range in size from 661 to 1,461 square feet. Inkwell Greenhouse was 91 percent occupied at the time of sale. Fogelman plans to implement a value-add program. The seller was not disclosed, but the property was formerly known as Cortland Inkwell Greenhouse.