Hamilton Point Investments has purchased Fidelis Westlake, its fifth investment in Houston’s multifamily market and 12th in the state of Texas. Commercial Edge reports the 278-unit luxury community was sold by Fidelis Realty Partners, with Key Bank originating the $29.4 million acquisition loan.
Fidelis Westlake was delivered in 2023 at 12211 Summer Creek Trace Drive, on an 11-acre site. The community consists of 11 two- and three-story buildings, encompassing 140 one-bedroom, 132 two-bedroom and six three-bedroom units, with layouts ranging from 715 to 1,439 square feet.
Shared amenities include a swimming pool with sun deck, a fitness center, grade-level parking with more than 400 spots, a social lounge, a community pet park and a 24-hour clubhouse. The community also has a conference room.
Fidelis was founded in 2003 and has a focus on retail and a newer focus on healthcare, multifamily, and industrial. The Fidelis team is comprised of approximately 100 teammates in eight operating offices. Consisting of over 24 million square feet in four industries, Fidelis serves 95 properties across 14 states, with the largest concentrations in the metropolitan Houston and DFW markets.
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