ARA Newmark Arranges Sale of Calais at Courtlandt Square in Houston

HOUSTON — ARA Newmark has arranged the sale of Calais at Courtlandt Square, a 356-unit, Class A property in Houston’s Midtown area. ARA Newmark’s David Mitchell represented the seller, Internacional Realty, in the sale to Venterra Living, which acquired the property for an undisclosed price. Calais at Courtlandt Square was 95 percent occupied at the time of the sale. Surrounding the apartments at 210 Louisiana St. are grocery, retail, nightlife spots and restaurants such as Reef, T’afia and Brennan’s of Houston. Based in San Antonio, Internacional Realty spans a group of companies whose disciplines include acquisitions and development, management and investment. Venterra specializes in the identification, finance, acquisition and management of multifamily communities in the Southern region.