Texas CRE News In Your Inbox.

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

Sub Markets

Property Sectors

Topics

Texas  + Houston-Galveston  + Apartments  | 
The 201-unit Moorings bought by Fogelman Properties

Fogelman Properties Buys Houston-Area Rental Community

The Moorings, as you might expect, is on the waterfront, in the seaside community of Clear Lake in League City. The 201-unit multifamily project has waterfront views, a fitness center and pool. Its rents run anywhere from $897-1,565. The development is 95% occupied and will continue to be managed by Fogelman.

Fogelman’s Mike Aiken says the project has some special attributes, “With access to top employers and school systems, as well as dining and entertainment, the community is well-suited to access boating and recreation literally at your doorstep.”

Headquartered in Memphis since 1963 Fogelman manages 96 multifamily communities across the Sunbelt and Southeast.

Connect

Inside The Story

Mike Aiken

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
Money360-24-cube
New call-to-action
Money360-23-cube