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


Texas  + Apartments  | 

Sought-After Luxury Apartments Trade in Conroe

JLL Capital Markets announced it closed the sale of The Loop Apartments, a 188-unit, Class A luxury apartment community in Conroe, TX, about 40 miles northwest of Houston. The firm also arranged acquisition financing for the undisclosed buyer.

A JLL team of Greg Austin, Chip Nash, Bob Heard, Chris Curry, Todd Marix, Chris Young, Joey Rippel and Kyle Whitney represented the seller, Apartment Advisors, and procured the buyer. JLL’s Tim Leonhard, Mary Davis and Eric Hightower worked on the new owner’s behalf to arrange a fixed-rate Fannie Mae acquisition loan for an undisclosed amount.

The loan will be serviced by Jones Lang LaSalle Multifamily, LLC, a Fannie Mae DUS lender.

Completed in 2017, the sought-after property consists of eight three-story apartment buildings that house a mix of one, two and three-bedroom floor plans averaging 909 square feet. Units feature luxury lighting packages, stainless steel appliances and high-end finishes.

Get CRE News in 150 words

For comments, questions or concerns, please contact Paul Bubny


Inside The Story

Connect With JLL’s Austin and Nash

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

Step 1: Select Education
  • ◦Sale/Acquisition
New call-to-action