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Partnership Duo Buys 362-Unit Houston Apartment Project
Better World Holdings and New York-based Crown Capital Ventures have purchased Serenity of Cityside. The property, which is in Houston’s Galleria neighborhood, will start doing business as the Aura Galleria.
The 32-building, 362-unit property was built in 1968. The new ownership team plans to invest about $6 million into capital improvements. The development offers one, two and three-bedroom units as well as a pool, clubhouse and picnic areas.
The seller was an entity doing business as CPEP Beverly Palms LLC.
Texas-based Better World Holdings describes itself as a multi-faceted organization that has many services, “all under one roof”. Services include property management, construction management, reposition and apartment disposition.
- ◦Sale/Acquisition
