Sugar Land, Texas (August 19, 2022) – Dallas-based real estate investment firm, Catalyst Equity Partners, continues to expand its portfolio with its recent purchase of The Addison at Sugar Land.
This will be Catalyst’s fourth purchase in the Houston MSA in the last 12 months. This 280+ unit institutional quality Class A multifamily is located in Sugar Land, TX a city with 17% projected population growth in booming Fort Bend County. Sugar Land has received numerous accolades such as: ranked #1 Houston suburb in 2021, 4th best suburb in Texas, #1 safest city in Texas, #5 best small city in the US and top 10 nicest places to live in America, etc. Residents are zoned to highly acclaimed Sugar Land schools in Fort Bend Independent School District.
“This is our second Class A property in the Houston MSA and our second property in Fort Bend county,” Catalyst’s co-founder, Shane Thomas stated. “We are excited about this property with its stellar location and clear upside potential. We plan to invest $4M+ in capital improvements to transform the curb appeal, amenities and interiors of the entire property.”
Catalyst Equity Partners specializes in acquisition of multifamily properties in high growth markets and improving the physical and operations of these properties that result in quality living for residents. Visit www.catequity.com to learn more.