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ING sells multi-family TX property.


HOUSTON, TX: ING Clarion A family of application development systems for Windows from SoftVelocity, Inc., Pompano Beach, FL (www.softvelocity.com). Clarion provides a comprehensive set of tools for development, including a screen builder, 4GL and application generator.  announced that is has sold the Pin Oak Estates apartment complex in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation).
Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the
 for $45.7 million.

The transaction was made on behalf of the ING Residential Fund USA, a fund advised by ING Clarion; it is the fund's only apartment investment in Houston. David Oelfke, David Mitchell David Mitchell may refer to:
  • David Mitchell (bishop), d. 1663
  • David Mitchell (Royal Navy officer) (c1642-1710), British admiral of the late seventeenth century.
  • David Brydie Mitchell (1760-1837), American politician (Georgia).
  • David Mitchell (builder) (born c.
, Matt Rotan and David Wylie David Wylie was a football goalkeeper who played for Greenock Morton, Clyde and Gretna although it will be his time at Morton he is most fondly remembered and, until recently, was the clubs record holder for appearances. , of Apartment Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Advisors, brokered the transaction.

Pin Oak Estates is made up of 385 Class-A, garden-style and town home units. The complex is located in the Bellaire neighborhood just inside Houston's inner loop, I-610. Constructed in 1998, the luxury-appointed property provides convenient access to the shopping and offices offered within the nearby Galleria section as well as easy access to Houston's downtown district.

"Pin Oak Estates is a great property in a very desirable location and we have been pleased with its performance since we acquired in late vice president for ING Clarion. "However, the current investment climate offered our client an exceptional opportunity to take full advantage of strong pricing in this submarket. For that reason, we have decided to sell.'"
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Title Annotation:NATIONAL ROUND-UP
Publication:Real Estate Weekly
Date:Sep 27, 2006
Words:181
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