REEP Equities, in a partnership with Hashem Holdings, has acquired Candleridge Park Apartments, a 128-unit community in Houston for $10.6 million, according to Yardi Matrix. JLL secured a $7.9 million Fannie Mae loan, for the acquisition of the property, on behalf of the borrowers. HM Equity sold the community, however, will continue to manage it, Yardi Matrix data shows.

The start of 2023 has been nothing short of amazing for us here at REEP, and we're thrilled to share some updates with you. As always, we appreciate the opportunity to ...