Thank you for sharing!

Your article was successfully shared with the contacts you provided.

HOUSTON-Gaia Real Estate Holdings LLC expanded its portfolio by 708 units through the acquisition of the 408-unit Steeples Apartments and the 300-unit Township Apartments in Humble, TX, just north of the Houston area. Though the seller of the off-market transaction was undisclosed, the Harris Central Appraisal District lists Westcorp Management Group of Las Vegas as the previous owner.

Gaia recently opened an office in Dallas in order to manage the firm’s Texas-based portfolio, which now totals 23 properties and 6,548 units.  The real estate investment and management company headquartered in New York plans to embark on a substantial value-add program for both properties addressing common area upgrades and unit renovations.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. APARTMENTS Fall 2021Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.