Trinnium Equity Picks Up 200-Unit Houston Rental Community

Trinnium Equity Group has acquired Cypress Parc, a 200-unit multifamily community in Houston. A Berkadia team secured the $15 million loan from NexBank to finance the purchase, as well as represented…

Trinnium Equity Picks Up 200-Unit Houston Rental Community

Trinnium Equity Group acquired Cypress Parc in Houston, a multi-family community of 200 units. The 36-building garden-style community was built in 1979. It offers two- and three-bedroom floorplans that range from 926 to 1,420 sq. feet. The apartment interiors include washers and dryers as well as walk-in closets, vinyl flooring, fireplaces and ceiling fans. The 18-acre parcel is located at 18001 Cypress Trace Road near Interstate 45, and 22 miles from Houston. Walking distance from the community are the Cypress Station shopping center and Cypress Creek Parkway. George Bush Intercontinental Airport lies 11 miles from the community. Mike is a reporter covering the Southwest and Texas regions. Mike is a veteran reporter, having spent 10 years in television and radio news, mainly in Tucson, Arizona. After his media career, he worked ten years in communications for a publicly traded company. Trinnium Equity Purchases 200-Unit Houston Rental Community