HOUSTON – One Real Estate Investment, a Miami-based firm led by Jeronimo Hirschfeld, has sold two Houston multifamily properties totaling 882 units for more than $60 million.
Dallas-based S2 Capital, LLC purchased the 432-unit Avalon at Royal Oaks at 2310 Crescent Park Drive and the 446-unit Village at Uvalde at 250 Uvalde Road.
“One Real Estate remains committed to the Houston market and is continually open to new opportunities like these,” Hirschfeld said.
Zach Springer and Matt Saunders of ARA, a Newmark company, represented the seller in the transaction. Adam Allen of ARA arranged the financing.
One Real Estate has built a portfolio of more than 5,500 multifamily residential units across Houston and Miami. The company’s holdings also include several commercial properties and a seven-acre, master-planned subdivision in North Florida slated for a major retail shopping center.