HOUSTON-Pinecreek Apartments, a 300-unit multi-family complex at 470 Maxey Rd. in Houston, has been sold to Houston-based CNC Investments. Denver-based TAHF II Limited Partnership sold the property.

Art Wadlund of the Tucson office of Hendricks & Partners represented the seller. Other players on the sellers’ side include Patrick Slavin of Hendricks & Partners Phoenix office and Jim Hearn and Mark Hendricks both of the Houston office of Hendricks & Partners.

At the end of September, CNC purchased the 254-unit Ashley of Spring Valley apartment complex in Orlando, FL. In August, it purchased a 58,630-sf office building called Falling Creek One at 14614 Falling Creek in northwest Houston, neighbored by other CNC buildings. In June, CNC bought the 230-unit apartment complex, Seabrook Pirates Landing at 2727 E. Nasa Rd. One in Clear Lake, an eastern suburb of Houston. CNC has more than 50 apartment complexes as well other property types in its portfolio.

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