Galveston's Lakeside at Campeche apartment community under new ownership

HOUSTON - Rezul -- Colliers announces the sale of Lakeside at Campeche apartment community located on the Gulf Coast of Texas in the city of Galveston. The buyer was Clearworth Capital who owns 7,000+ units and has over 20 years in the industry. Hillside Joint Venture, the seller, is a California-based company that has been a proud owner of Lakeside at Campeche for 25 years and was represented by Chip Nash, Bob Heard and Jaleel Adatia.

"While this deal presented challenges along the way, such as debt and insurance matters, Clearworth Capital and the entire team persevered and got the deal across the finish line,"  said Chip Nash of Colliers. "Real buyers are rare in the current market and Clearworth Capital is a client we thoroughly enjoy closing deals with. I had the pleasure of working with Hillside Joint Venture 25 years ago when I sold the property to them, it speaks volumes to the parties involved that relationships are everything in this business!"

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Lakeside at Campeche is a premier waterfront community with 320 units totaling 257,542 square feet. It offers private lake living and is only minutes from Seawall Boulevard. The picturesque community offers residents breathtaking views and a serene living experience. With a commitment to excellence and a focus on community, Lakeside at Campeche provides a truly exceptional place to call home.

Read the full article here: https://www.colliers.com/en/news/houston/lakeside-at-campeche-2023-05-23