AXA IM Alts, a global investment company based in Paris, acquired the 271-unit Grand at LaCenterra apartments, at 2727 Commercial Center Blvd. in Katy, through a joint venture with RPM Living. Terms were not disclosed.
Developed by Fein Interests in 2016, the property has units ranging from studio to three-bedroom apartments near shopping and entertainment in LaCenterra at Cinco Ranch. Amenities include a pool, fitness center, conference center, library, storage lockers and dry-cleaning services.
Publication: Houston Chronicle