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Kalkan Real Estate Acquires Apartment Portfolio in Houston for $50M

Timbers-of-Cranbrook-Houston

Timbers of Cranbrook is one of three properties in the Houston portfolio acquired by Kalkan Real Estate Investment.

HOUSTON — Houston-based Kalkan Real Estate Investment has acquired a three-property multifamily portfolio totaling 962 units in Houston for $50 million. The properties include Timbers of Cranbrook, Monticello on Cranbrook and Pecan Square Village on Cranbrook. Jerad Rector of Frisco-based Worldwide Commercial represented the undisclosed seller in the transaction.

 

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