John Latham is on the hunt for apartments to invest in Houston.

In October, the CIO of The PPA Group purchased the Austin-based multifamily firm’s first Houston apartment: Cypress Ridge, a 252-unit garden-style complex built in 1980 near FM 1960 and Interstate 45 northwest of Houston. The PPA Group is now under contract to purchase its second Houston property, a 200-unit apartment complex nearby, set to close this month.

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