HOUSTON-MIG Real Estate LLC, a real estate investment company based in Newport Beach, has purchased its first Texas property. The company has bought Wynhaven at Willowbrook, a 372-unit apartment community in Houston.
Financial details of the deal were not revealed. The multifamily community, constructed in 2007, has roughly 437,000 square feet of space and is 96% occupied. Alliance Residential Co. will manage the community on behalf of MIG. CBRE Inc.'s Ryan Epstein represented the seller, while MIG represented itself in the deal. For the full story, go to Los Angeles Business .
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