Northridge Capital LLC recently purchased HP Plaza for an undisclosed purchase price in a transaction that reinforces the strength of the new urban center in North Houston, CityPlace at Springwoods Village.
NorthMarq’s acquisition of Texas Realty Capital adds a fourth NorthMarq location in Texas and a servicing portfolio of $900 million, which brings the total portfolio to more than $56 billion.
In addition to a strong workforce, and rising labor and population rates, the business climate in Texas will facilitate further growth as companies move operations to the state, adding to multifamily demand.
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