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American Landmark Acquires 360-unit Class “A” Asset in Suburban Houston

HOUSTON, TX - American Landmark Apartments (American Landmark), one of the fastest-growing multifamily owner-operators in the country, has acquired Elan 99 West, a 360-unit multifamily community in the suburban Houston community of Katy, Texas. The property will undergo a $1.35 million capital improvements project program and be renamed Elite 99 West.

The acquisition raises American Landmark’s portfolio of properties in Texas to 36, with 12 properties in Houston. The company currently owns and manages approximately 28,000 apartments throughout the Southeast and Texas, and is past its halfway goal of adding $2 billion in assets to its multifamily portfolio this year.

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