California company snatches up Conroe multifamily property (HBJ)

Photo Credit: Houston Business Journal

Photo Credit: Houston Business Journal

Shaina Zucker

Reporter- Houston Business Journal
Santa Rosa, Calif.-based Praxis Capital LLC acquired a 140-unit multifamily property in Conroe for an undisclosed price.

Whispering Oaks Apartments is the latest Texas acquisition for Praxis Capital, which has recently opened an office in Texas.

The company looked at several hundred properties before acquiring the multifamily property and says it plans to acquire “several more” in the major Texas metros.

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