HOUSTON, TX – American Landmark, one of the fastest-growing multifamily owner-operators in the country, has acquired Haven at Liberty Hills, a 246-unit Class ‘A’ multifamily asset in Houston. The asset will undergo approximately $890,000 in property improvements.
American Landmark, and its debt and equity partner Electra America, are selectively and decisively acquiring value-add properties in excellent locations across the Southeast and Southwest. The firm, which has already acquired 17 properties this year worth over $800 million, expects to complete $1.5 billion in multifamily acquisitions in 2018. This is their eighth acquisition in Houston and 18th in Texas.