Chicago-Based Real Estate Company Set to Bring 156 Built-to-Rent Duplexes to Katy

Chicago-based real estate company set to bring 156 built-to-rent duplexes to Katy

Work has begun on a 156-duplex rental development near the Market at Katy Park, RSK Real Estate Partners announced in a June 30 news release.

New Rental Community Coming to Katy Park Area: 156 Build-to-Rent Homes Near H-E-B

A new duplex rental community is heading to the fast-growing Katy area around Katy Park, bringing 156 modern homes for rent to a 9-acre site near the popular new H-E-B store at Morton Ranch Road and Katy Hockley Cut Off Road in Harris County.

Concord Summit Capital Arranges $25.25 Million Construction Loan for Build-to-Rent Community in Houston Suburb

Project to feature 103 duplex units targeted for middle-income renters Concord Summit Capital, LLC has arranged $25.25 million in senior construction financing for Colonial Village, a new build-to-rent (BTR) community being developed in the Houston, Texas suburb of Katy.  The funding represents an 88% loan-to-cost (LTC) execution, allowing the sponsor to retain full ownership without the need for co-GP or LP capital. In addition to securing the …

RSK Buys Katy Parcel, BTR Homes on Way

RSK Real Estate Partners is building a 156-unit build-to-rent community on Morton Ranch Road in Katy. The Houston Business Journal reports the company recently bought a 9.37-acre parcel near the H-E-B-anchored market in the Morton Ranch Development. RSK plans to build a mix of two- and three-bedroom duplexes: 103 three-bedroom rental homes and 53 two-bedroom rental units, with homes averaging about 1,600 square feet. The first rental homes shoul…