Goldcor Capital Partners, Excelsa Sell Houston Workforce Community

Kastle Assets acquires 392-unit garden style multifamily workforce community in Houston

Goldcor Capital Partners and Excelsa sold Bend at Oak Forest, a 392-unit, garden-style multifamily workforce community located in Houston to Kastle Assets.

Located at 4000 Watonga Boulevard, Bend at Oak Forest offers one-, two- and three-bedroom apartments that average from 480 to 1,210 square feet. The individual unit amenities include wood-style flooring in entries, black or white appliance packages, frost-free refrigerators, walk-in closets, and ceiling fans in bedrooms. Select-units feature white shaker-style cabinets, kitchen pantries, carpeted bedrooms, washer and dryers, single basin undermount sinks and private patios and balconies. Community amenities include a clubhouse with Wi-Fi, a coffee bar, fitness center, a swimming pool with seating and sundeck, a children’s playground, enclosed pet park, picnic tables with barbeque grills, open surface parking, clothes care centers and perimeter fencing and controlled access.

Bend at Oak Forest is near the Heights neighborhood in Houston’s urban core with accessibility to area amenities via the newly expanded Hwy 290, including Memorial Park, Downtown Houston, the Galleria Uptown District and the only Houston station for the planned Texas Central bullet train.

Berkadia Houston represented the sellers, led by Managing Director Jeffrey Skipworth, Senior Managing Directors Chris Curry and Todd Marix, Managing Directors Chris Young and Joey Rippel and Director Kyle Whitney.