{"id":1004126600,"date":"2015-08-31T19:39:57","date_gmt":"2015-09-01T03:39:57","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=359508"},"modified":"2020-05-13T21:44:21","modified_gmt":"2020-05-14T05:44:21","slug":"investors-spring-in-houstons-spring-branch-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/investors-spring-in-houstons-spring-branch-2\/","title":{"rendered":"Investors Spring in Houston\u2019s Spring Branch"},"content":{"rendered":"

By Liviu Oltean, Associate Editor<\/em><\/p>\n

Activity continues to soar in Space City, as the multifamily investment services group of Transwestern<\/a> <\/strong>announced that it has closed the sale of a 117-unit residential portfolio located within the Spring Branch submarket.<\/p>\n

\"Spring<\/a><\/p>\n

Spring Gardens<\/p>\n<\/div>\n

The portfolio included a 79-unit, garden-style community called Spring Gardens and a 38-unit community dubbed Johanna Square. While terms of the deal were undisclosed, Yardi Matrix<\/strong><\/a> property records show that the larger community was acquired by Jose Berlanga for $5 million. Managing Director Ed Cummins and Senior Associate Ryan Mendez, both with Transwestern, represented the seller, OSD Ltd.<\/p>\n

\u201cDemand for well-located assets in the Spring Branch submarket remains high,\u201d Mendez said in a prepared statement. “Our team has completed three sales within the area in the last six months, and we anticipate continued activity over the near term.\u201d<\/p>\n

Image courtesy of Transwestern <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Activity continues to soar in Space City as the multifamily investment services group of Transwestern announced that it has closed the sale of a 117-unit residential portfolio<\/p>\n","protected":false},"author":1158,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1589,21742],"tags":[],"class_list":["post-1004126600","post","type-post","status-publish","format-standard","hentry","category-houston","category-latest"],"acf":[],"yoast_head":"\nInvestors Spring in Houston\u2019s Spring Branch - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/investors-spring-in-houstons-spring-branch-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Investors Spring in Houston\u2019s Spring Branch\" \/>\n<meta property=\"og:description\" content=\"Activity continues to soar in Space City as the multifamily investment services group of Transwestern announced that it has closed the sale of a 117-unit residential portfolio\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/investors-spring-in-houstons-spring-branch-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-09-01T03:39:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-14T05:44:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Spring-Gardens.jpg\" \/>\n<meta name=\"author\" content=\"Liviu Oltean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/investors-spring-in-houstons-spring-branch-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/investors-spring-in-houstons-spring-branch-2\\\/\"},\"author\":{\"name\":\"Liviu Oltean\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/a12696609e74785a9cb5f8f7eae8bbd0\"},\"headline\":\"Investors Spring in Houston\u2019s Spring Branch\",\"datePublished\":\"2015-09-01T03:39:57+00:00\",\"dateModified\":\"2020-05-14T05:44:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/investors-spring-in-houstons-spring-branch-2\\\/\"},\"wordCount\":148,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/investors-spring-in-houstons-spring-branch-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/08\\\/Spring-Gardens.jpg\",\"articleSection\":[\"Houston\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/investors-spring-in-houstons-spring-branch-2\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/investors-spring-in-houstons-spring-branch-2\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/investors-spring-in-houstons-spring-branch-2\\\/\",\"name\":\"Investors Spring in Houston\u2019s Spring Branch - 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