ClearWorth Capital Acquires 284-Unit Apartment Community in Houston
HOUSTON — ClearWorth Capital LLC has acquired The Edge at City Centre, a 284-unit multifamily community located near the Texas Medical Center in Houston. The property was built in 1983 and features a mix of one- and two-bedroom units averaging 765 square feet. Amenities include two pools, a business center, fitness center and Wi-Fi lounge. Chris Young, Joey Rippel and Connor Phillips of HFF represented ClearWorth Capital and the seller, 29th Street Capital, in the transaction. The Edge at City Centre was 94 percent occupied at the time of sale.