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Knightvest Capital, a vertically integrated multifamily investment firm, announced the acquisition of San Cierra Apartments located in the rapidly growing Northwest Houston submarket. The strategic acquisition coincides with the first close of Knightvest’s Fund II, which remains open to new investors through mid-2025 as the company aims to capitalize on discounted opportunities within the multifamily sector. The San Cierra acquisition marks the second asset acquired in the fund, with the third acquisition scheduled for later October. Originally constructed in 2008 by renowned Houston developer SUEBA, the 362-unit, townhome-style community features spacious floor plans averaging over 1,300 square feet and a neighborhood-like atmosphere spread across 25 acres.