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Walker & Dunlop, Inc. (WD), a provider of financing services to the owners of commercial real estate, announced on Wednesday that it completed the sale of The Co-Op at the Med Center, a 200-unit, garden-style property located in the heart of the Texas Medical Center in Houston, to EAS Houston LLC. The financial terms of the deal were undisclosed.


RTTNews | Nov 3, 2021 07:33AM EDT

07:33 Wednesday, November 3, 2021 (RTTNews.com) - Walker & Dunlop, Inc. (WD), a provider of financing services to the owners of commercial real estate, announced on Wednesday that it completed the sale of The Co-Op at the Med Center, a 200-unit, garden-style property located in the heart of the Texas Medical Center in Houston, to EAS Houston LLC. The financial terms of the deal were undisclosed.

Walker & Dunlop's Scott Bray, commented: "Co-Op at the Med Center's ideal location and unique characteristics position it well for future rent growth and value appreciation. The buyer's planned updates are sure to be well-received by existing and prospective residents alike."

Originally built as a hotel, the asset was converted into a multifamily community in 2018 following a significant capital investment into the property.

Read the original article on RTTNews ( https://www.rttnews.com/3238862/walker-dunlop-completes-sale-of-garden-style-property-in-houston.aspx)

For comments and feedback: contact editorial@rttnews.com

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