Skip to main content

MC Cos. acquires two Katy apartment communities

​​​​KATY – Arizona-based MC Cos. has acquired two adjacent multifamily properties​ totaling 648 units. 

The 384-unit Enclave at Cypr​​​ess Park and 262-unit Paramount Apartments both have one​-, two-, and three-bedroom units. 

Amenities include pools, fitness centers, spas, and resident clubhouses.

The new owner will combine and rebrand the properties as The Place at Barker Cypress.

CBRE represented the sellers and arranged acquisition financing for the buyer.

Texas logoThe Texas Real Estate Research Center​​​​ has more information like this online for free:

​Source: REBusiness Online​

Leave a Reply

Your email address will not be published.