PEARLAND, TX-Steel Castle Property Partners, an investment entity formed by Steel Castle Capital LLC, has made its first acquisition in Pearland. The company recently purchased the Club at Tranquility Lake, a multifamily community consisting of 212 units at 2800 Tranquility Lake Blvd., for an undisclosed price.
The apartment complex was developed in 2002. Steel Castle acquired the complex through an auction of REO properties from an unidentified lender. For the full story, go to Houston Business Journal .
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