Civitas Capital Acquires 240-Unit Stonebridge at City Park Apartments in Houston

by Taylor Williams

HOUSTON — Dallas-based investment firm Civitas Capital has acquired Stonebridge at City Park, a 240-unit apartment community located near Texas Medical Center in Houston. Built in 2004, the property offers one- and two-bedroom units that feature private patios and balconies, as well as individual washers and dryers. Amenities include a pool, fitness center, business center and a resident clubhouse. The seller and sales price were not disclosed. The new ownership plans to implement a value-add program.

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