Wednesday, Aragon Holdings announced completing the acquisition of a 380-unit Briarwest Apartments located in Houston, Texas from AIMCO (AIV). Terms of the acquisition were not disclosed.
The company stated that the property, Briarwest Apartments, marks Aragon's entry into the Houston market. Located in the Galleria Submarket, between the upscale neighborhoods of Memorial and Tanglewood, the property includes 1-, 2- and 3-bedroom apartments with private patios or balconies and many other amenities.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.