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HOUSTON-Gables Residential Trust has collected $52 million for the 641-unit Gables Meyer Park apartment community in the Meyerland area of city’s southwest quadrant.

Real estate sources tell GlobeSt.com that the two-phase complex at 9701 and 9550 Meyer Forest Dr. was bought by San Antonio-based International Realty Inc. Gables and International Realty did not return telephone calls by publication time for comment on the transaction. According to a Gables press release, the sale will result in a $12.5 million gain in the third quarter.

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