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Grand Parkway (90% interest) - Houston, TX
Grand Parkway is a 342-unit luxury apartment complex comprised of 13 three-storey residential buildings, 11 private garage buildings, a 3,451 square foot clubhouse building and a 3,119 square foot amenity building. There are 12 unit floor plans, with an average of 887 square feet. 70% are one bedroom with study units, 28% are two bedroom units and 2% are three bedroom units. The 16.16 acre property is located in West Houston adjacent to Cinco Ranch, America’s top selling community, voted the country’s highest quality of life in 2009. The area offers ‘exemplary’ rated schools and is situated less than two miles from premier shopping destinations and less than six miles from the Energy Corridor, Houston’s fourth largest employment centre with 73,000 employees. This recently constructed complex includes best-in-class modern amenities such as executive business and resident social areas within the clubhouse; an amenity building with an athletic centre, cardio theatre and cyber lounge; and a stunning resort-style pool area with sunning ledge, fountains, water park and poolside grilling.
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Acquired: |
June 2011 for
$29,250,000 USD |
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| Sold: |
January 2017 for $36,360,000 USD |
Embassy Suites Dallas Fort Worth - Dallas, TX
The Embassy Suites Dallas Fort Worth is comprised of a ten-storey, Mediterranean-inspired tower containing a total of 305 spacious guestroom suites of which 170 are king suites, 126 are double suites, and nine are ADA- accessible suites.
Built in 1985 on approximately 6.6 acres, the hotel features approximately 8,300 square feet of meeting space including a 5,965 square-foot ballroom. Hotel amenities include a heated indoor pool and whirlpool, a fitness centre, on-site self-service laundry and valet service, a business centre, audio-visual equipment rentals, a gift shop, and local area transportation.
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Acquired: |
July 2011 for $22,295,000 |
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| Sold: |
January 2017 for $35,575,000 USD |
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