Houston apartments sold as part of $1.85B national portfolio deal

Three Houston-area apartment complexes have sold as part of a $1.85 billion portfolio sale.

Los Angeles-based investment company Aragon Holdings sold the 36-property portfolio, consisting of 13,243 units nationwide, to Norfolk, Virginia-based Harbor Group International.

Aside from the three Houston-area properties, the portfolio included properties in North Texas; San Antonio; Atlanta; Denver; Missouri; New Mexico; Orlando, Florida; Phoenix; and Salt Lake City.

Newmark Knight Frank represented…