Sub Markets

Property Sectors

Topics

Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Texas  + Houston-Galveston  + Apartments  | 
Banyan Kingland Heights sold off with help from JLL

Banyan Sells Off 97-Unit Katy-Area BTR Community

JLL Capital Markets has completed the sale of Banyan Kingsland Heights, a 97-home build-to-rent (BTR) community in Katy, Texas. JLL represented Banyan Residential, the seller, in the sale.

Completed in 2021, Banyan Kingsland Heights is a rental community consisting entirely of single-family three—or four-bedroom homes. The homes average 1,876 square feet each and offer two-car garages, six-foot privacy fencing, stainless steel appliances, granite countertops, walk-in closets and vaulted or nine-foot plus ceilings. 

The property is located on 27 acres at 4104 Scarlet Oak Ln. in Brookshire, Texas, just south of Interstate 10 and close to State Highway 99. Brookshire is located about 37 miles west of Downtown Houston.

Matthew Putterman, Jim Humphries, Daniele Colbertaldo, and Rhett Robins led the JLL Capital Markets Investment Sales and Advisory team helped broker the deal.

Connect

Inside The Story

Banyan Kingsland Heights

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Sale/Acquisition