Alternative Investments Portfolio - Texas

Alexan Downtown Houston

 Alexan Downtown located in Houston, Texas

Location

Houston, Texas


Overview

Civitas TCR Downtown Equity, LP made a $3.5 million joint venture equity investment with an affiliate of Trammell Crow Residential to partially finance the development of Alexan Downtown, a 267-unit, Class A multifamily located in the heart of downtown Houston, Texas. The project is located in Houston’s Downtown, Central Business District, the city’s largest employment center. The City of Houston and Houston First are supporting the project with $4.1 million in tax reimbursements.

Location