Trinnium Equity Group has acquired Cypress Parc, a 200-unit multifamily community in Houston. A Berkadia team secured the $15 million loan from NexBank to finance the purchase, as well as represented the seller, Lionel Partners.

Built in 1979, the 36-building, garden-style community incorporates two- and three-bedroom floorplans, ranging from 926 to 1,420 square feet. Apartment interiors feature washers and dryers, walk-in closets, vinyl plank flooring, fireplaces, ceiling fans and stainless-steel appliances. Common-area amenities encompass a swimming pool, fitness center, grill and picnic area, volleyball court and playground, as well as 950 parking spaces.

The roughly 18-acre property is at 18001 Cypress Trace Road, near Interstate 45 and 22 miles from downtown Houston. The community is within walking distance of the Cypress Station shopping mall and the retail corridor along Cypress Creek Parkway. George Bush Intercontinental Airport is 11 miles away. Berkadia’s Curt Ableson arranged the financing on behalf of Trinnium.