HOUSTON—The CBRE Multi-Housing Investment Team of SVP Ryan Epstein and EVP John Fenoglio has arranged the sale of Connection at Buffalo Pointe, a unique, 352-unit luxury Class A urban-style multifamily property located adjacent to Houston's Texas Medical Center. CBRE arranged the sale on behalf of the seller, Embrey Partners and Walton Street Capital. CBRE Global Investors was the buyer.
“This is one of the newest multifamily communities in the area that offers the best alternative to midrise living,” said Epstein. “It's an attractive property with excellent access to employment, shopping, entertainment and all other destinations in the Houston Metropolitan area.”
Built in 2012, Connection at Buffalo Pointe is a development of Embrey Partners and features spacious floor plans, wood-style flooring, custom kitchen cabinetry, washer and dryers, large walk-in closets, garden oval tubs and more.
According to a CBRE market report, multi-housing has been one of the hottest sectors for Houston. Occupancy moved above 90% for the first time this quarter and rental rates are near all-time highs. Construction is booming while developers race to keep up with demand as new units are being absorbed as quickly as they are built.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more information visit Asset & Logo Licensing.
