Ascendant Capital buys 710-unit, mixed-income Houston area apartments on a Ground Lease for $112M ($158K/unit) from Cortland

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• Tag: Sale

• Additional Filters-Subcategory: Capital Markets: Debt-CMBS, MF: Garden

Ascendant Capital Partners has paid $112 million, or $157,747/unit, for the 710-unit Cortland West Champions apartment complex in Houston.

Alex Halpern | Co-Founder/Co-President/CIO-Hospitality/Residential

Lindsay Rosner, CFA | Head of Multi-Sector Investing

Kyle Bateh | EVP, Investments, Co-Portfolio Manager, Value Add Fund