Why this Austin multifamily firm is investing in Houston

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.

Click to read more at Houston Business Journal.