US residential real estate manager Bridge Tower has expanded its single-family rental portfolio with the acquisition of a 114-unit build-to-rent community in Texas.
Bridge Tower has acquired Villas at Sunterra, located within the Sunterra master-planned community in Katy, Houston, for an undisclosed sum.
Jackson Su, co-CEO of Bridge Tower, said: “Villas at Sunterra is a high-quality community in one of Houston’s strongest growth corridors and aligns well with our long-term investment strategy.
“We believe disciplined execution, operational excellence, and a resident-first approach will allow us to enhance the property’s performance while preserving the qualities that make it an attractive place to live.”
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