Houston-based Fidelis Realty Partners purchased a 4-acre parcel located in a prime area in the Heights at Yale Street and North Loop 610.
When Rockspring acquired the land in November 2014, the real estate firm was upfront about the firm's intentions to flip the property. Rockspring COO and senior vice president said that the firm looked forward to "(selling) the property at a value that will generate a strong return."
Read the full article on the Houston Business Journal
See Also:Prime tract north of the Heights sells to retail developer
The Houston Chronical
By Nancy Sarnoff