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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