Eaton Vance Real Estate Investment Group has acquired Elite 99 West, a 360-unit multifamily property in Katy, Texas. Electra America was the seller.
Commercial Search reports that the buyer took out a $40 million Fannie Mae loan originated by Walker & Dunlop. The property previously traded in September 2019, when Electra America acquired the asset from Greystar.
The 2016-completed community at 23400 Kingsland Blvd. is close to a number of dining and retail options, including the Park Plaza Centre shopping mall…