Hamilton Point Adds to Growing Houston Apartment Portfolio

Hamilton Point Adds to Growing Houston Apartment Portfolio
News| May 15, 2025| Mike Boyd
Texas + Apartment Buildings

Hamilton Point Investments has purchased Fidelis Westlake, its fifth investment in Houston’s multifamily market and 12th in the state of Texas. Commercial Edge reports the 278-unit luxury community was sold by Fidelis Realty Partners, with Key Bank originating the $29.4 million acquisition loan.

Fidelis Westlake was delivered in 2023 at 12211 Summer Creek Trace Drive, on an 11-acre site. The community consists of 11 two- and three-story buildings, encompassing 140 one-bedroom, 132 two-bedroom and six three-bedroom units, with layouts ranging from 715 to 1,439 square feet.

Shared amenities include a swimming pool with sun deck, a fitness center, grade-level parking with more than 400 spots, a social lounge, a community pet park and a 24-hour clubhouse. The community also has a conference room.

Fidelis says it specializes in all types of Commercial Construction and General Contracting including Retail, Restaurant, Early Learning Center, Tunnel Express and Flex-Serve Car Washes, Light Industrial Tilt-Wall, Warehousing, and Manufacturing Facilities including Pre-Engineered Structures.

Other News

Lincoln, McCourt Launch 344-Unit Culver City Mixed-Use

California & West + Apartment Buildings

Lincoln Property Company and McCourt Partners have broken ground for ElevenOneEleven, a new mixed-use development in Culver City. The groundbreaking occurred three weeks after Lincoln and McCourt announced $133 million in construction financing from Bank OZK. Set to rise on a vacant parcel, ElevenOneEleven will deliver 344 rental apartments, including 52 affordable units, along with 2,000 square...

Learn more

Logisco Launches $60M Quebec Rental Project With New Brand

Canada + Apartment Buildings

Logisco is stripping back the amenity race with a $60M Quebec City apartment development aimed at renters who would rather pay less each month than fund pools, gyms and other extras. The developer has started construction on 193 apartments at 7075 Wilfrid-Hamel Blvd., the first project under its new Elie rental brand. The 10-storey building...

Learn more

Virtus Buys Hamilton Retirement Residence For $26M

Canada + Senior Housing

Virtus Diversified REIT has purchased a 91-suite retirement residence in Hamilton for $26M, expanding its seniors housing portfolio. The acquisition of Abington Court Retirement Residence at 1500 Main St. E. closed Nov. 3. The independent living property opened in 2005 and added 20 suites in a 2018 expansion. Located west of the Red Hill Valley...

Learn more
New call-to-action

Brokers

View All

Lenders

View All