HOUSTON – RPM Living Investments and DRA Advisors have acquired San Paloma at 1255 Elridge Pkwy.
The 372-unit apartment community has one- and two-bedroom units averaging 1,050 sf.
Amenities include a fitness center, heated spa, dog park, pool, business center, playground, and outdoor lounge spaces.
A partnership between Blackstone and LivCor sold the property. Amerant Bank provided acquisition financing.
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Source: REBusiness Online