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Sunrise Capital Led Investment Group Acquires 316-Unit The Gallery at Katy Apartment Community in Popular Houston Submarket

HOUSTON, TX - A group of investors, including Sunrise Capital Group, led by David Davidenko and Julia Bykhovskaia, and Merrill Kaliser, announced their first acquisition in Katy/Houston submarket, The Gallery at Katy, a garden style 316 unit apartment complex built in 1983, located in an area with the average household income of $118K+ in a 3 mile radius.
We are thrilled to add another solid property to our portfolio and further expand our presence in the Texas market , David Davidenko said. The acquisition marks Sunrise s first property in Houston and its eighth property under management in Texas. Julia Bykhovskaia added: the property is ideally located in close proximity to Houston and is well-aligned with our strategy of identifying well maintained stabilized institutional quality assets in desirable suburban locations . ....

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This Week's Houston Deal Sheet (April 4, 2021)

Construction has already begun on a 148K SF retail space that will serve as the anchor tenant for the mixed-use development.
The Grid is being developed by StreetLevel Investments and joint venture partner Provident Realty Advisors. Construction of the 192-acre mixed-use development began in 2018 and will be completed in multiple phases.
Some of the offerings include 350K SF of retail, restaurant and entertainment concepts; 2,400 residential units; 500K SF of creative office space; multiple hotel brands and concepts; a health club; a network of pocket parks, jogging and bike trails; and activated public space. Architecture firm Gensler and landscape architecture company TBG are consultants on the project. ....

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A Group Of Investors Acquires 316 Unit The Gallery at Katy Apartment Community In Katy Submarket Of Houston, Texas

A Group Of Investors Acquires 316 Unit The Gallery at Katy Apartment Community In Katy Submarket Of Houston, Texas
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HOUSTON, April 14, 2021 /PRNewswire/ A group of investors, including
Sunrise Capital Group, led by David Davidenko and Julia Bykhovskaia, and Merrill Kaliser, are pleased to announce their first acquisition in Katy/Houston submarket, The Gallery at Katy, a garden style 316 unit apartment complex built in 1983, located in an area with the average household income of $118K+ in a 3 mile radius.
We are thrilled to add another solid property to our portfolio and further expand our presence in the Texas market , David Davidenko said. The acquisition marks Sunrise s first property in Houston and its eighth property under management in Texas. Julia Bykhovskaia added: the property is ideally located in close proximity to Houston and is well-aligned with our strategy of identifying well maintained stabilized institut ....

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