HOUSTON, TX - Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, is pleased to announce the acquisition of Inkwell Greenhouse, a 301-unit apartment community in Katy, Texas.
Built in 2018, Inkwell features one, two and three-bedroom apartment homes with rental rates starting at $1,253 per month. The recently acquired property is 91% occupied and managed by Fogelman.
Fogelman’s investment plan includes a comprehensive rebrand, as well as new exterior paint, enhancements to the pool and outdoor pavilion area, the clubhouse, fitness center and pet spa/dog park.
"Inkwell is a tremendous addition to our portfolio. It is a high-quality, newer community in one of the best locations in West Houston,” Thomas Henry, VP of Investments at Fogelman. “Being situated within the #1-rated Houston school district makes it especially attractive to families, and we're seeing strong growth in the Katy area. We're excited to invest in upgrades that will make Inkwell an even better place to call home, while supporting the continued growth of this thriving community."
Fogelman is one of the country’s largest and most experienced privately-owned multifamily investment management and property services companies. As a fully integrated company with more than 60 years in the industry, Fogelman specializes in multifamily acquisitions, asset management, property management, and construction management. Nationwide, Fogelman operates more than 100 multifamily communities totaling more than 30,000 apartment homes across 12 states in the Southeast, Southwest and Midwest. Fogelman ranks as a nationwide Best Places to Work in Multifamily®, published annually by Multifamily Leadership. Fogelman is also recognized as one of Newsweek’s Most Loved Workplaces.