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 .