In March 2019, CenterSquare and its repeat joint venture partner, affiliates of American Landmark, acquired Aspire at 610, located in Houston Texas. The acquisition was made off-market from a developer with the JV acquiring the Property at final certificate of occupancy. The JV was attracted to the multifamily asset due to its infill location which provides direct access to major highways and close proximity to the Texas Medical Center (TMC), the largest medical center in the world. CenterSquare has been a very active multifamily investor in Texas over the last several years with Aspire 610 representing the fourth transaction made with American Landmark.
