HOUSTON—Green financing was arranged for Miami-based EagleProperty Capital's acquisition of three multifamily communities in Houston's outer loop. The propertiesare Landmark at Barker Cypress (312 units), Champions CentreApartments (192 units) and Champions Park Apartments (246 units).Eagle Property Capital will invest half a million dollars in waterconservation and energy-efficient upgrades to the interiors andcommon areas of all three properties.
Senior managing director Mitch Sinberg, senior director BradWilliamson and associate director Matthew Robbins of Berkadia'sSouth Florida office arranged the financing. FreddieMac's “Green Advantage” program was utilized, which provides betterpricing for reduction in water/energy consumption.
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