Madera Residential Acquires 325-Unit Multifamily Property in Central Houston

HOUSTON — Lubbock-based Madera Residential has acquired Chelsea Museum District, a 325-unit multifamily property in Central Houston. Built in 2021, the property offers one- and two-bedroom units ranging in size from 412 to 1,632 square feet. Amenities include a pool, fitness center, coworking lounge, speakeasy, dog park, golf simulator and package lockers. Chris Curry, Todd Marix, Jeff Skipworth, Chris Young, Joey Rippel and Kyle Whitney of Berkadia represented the seller, Arizona-based Alliance Residential, in the transaction. Chris Pollard and Jason Rice, also with Berkadia, arranged acquisition financing through an undisclosed direct lender on behalf of Madera Residential.