Southeastern Tops Out 330-Unit Multifamily Redevelopment Project in Houston
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Houston transaction velocity has been concentrated in industrial and Class A multifamily in the energy corridor and inner loop. Office remains a basis play. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The fifth Houston story tracked on the wire in September 2026. All Houston coverage →
- Disclosed multifamily deal value tracked in September 2026: $11.6B across 138 reported transactions. All Multifamily coverage →
Computed from Real Estate Trail’s own tracked coverage
HOUSTON — Georgia-based developer Southeastern has topped out a 330-unit multifamily redevelopment project in the Montrose neighborhood of Houston. Artis Montrose is a conversion of the site of the former “Disco Kroge…
External link. Real Estate Trail does not republish source content.
Related coverage — Houston · Multifamily
Walker & Dunlop Arranges $110M Refinancing of Two Apartment Communities in Stafford, Texas
STAFFORD, TEXAS — Walker & Dunloper has arranged a $110 million loan for the refinancing of 1879 at the Grid and Arc at the Grid, two apartment communities totaling 731 units in the southwestern Houston suburb of Staf…
American Landmark Acquires 292-Unit Apartment Complex in Southeast Houston
HOUSTON — American Landmark, a Tampa-based owner-operator, has acquired Toscana Parkway, a 292-unit apartment complex in southeast Houston. Built in 2009, Toscana Parkway offers one-, two- and three-bedroom units and…
Cushman & Wakefield Scores Marketing Deal for Two Houston City-Owned Towers
The Houston City Council passed an ordinance allowing the city to work with commercial real estate company Cushman & Wakefield to sell 611 Walker St. and 1200 Travis St., which house the Houston Public Works Departmen…
Harris Health Adding $150M Cancer Center in NE Houston
Harris Health is moving forward with a new cancer center at the John M. O’Quinn Hospital in NE Houston. The freestanding cancer center will open in 2029, after the opening of the new O’Quinn Hospital. The total proje…
Colliers Brokers Sale of 80,392 SF Industrial Complex in Northwest Houston
HOUSTON — Colliers has brokered the sale of Northwest Technical Center, an 80,392-square-foot industrial complex located at 5201–5291 Langfield Road in northwest Houston. Ben Condara and Jon Lindenberger of Colliers r…
Some builders beat an entry-level retreat. Valera eyes an opening
A StoneManor Homes brand extension, Valera Homes will offer Houston-area homes priced from the $270,000s to $350,000s