Fein buys into familiar territory - Houston Business Journal:

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The firm, which has speny the last 20 years developing multifamilhy projects in Houstonand elsewhere, purchased two Inner Loop apartment complexeds last week — the first transactions underf the new strategy and the first time Martin Fein has acquire an existing project in a decade. Martin Fein returnesd to familiar territory by acquiring the Belmont Apartmentzs andCarlton Apartments, both of whicbh were built by the company itself. The 294-unitg Belmont Apartments, located at 3000 were completedin 1992. The Carlton with 222 units, were built at 3805 West Alabamazin 1993.
“We thought this would be a great opportunity to start an acquisition saysJason Schlanger, Martin Fein’s vice presidenr of development. “It’s a way for us to adapg to thiscurrent environment.”