372-unit downtown Houston luxury apartment community sold 

HOUSTON – GAIA REIT has acquired Virage on Memorial, 372-unit apartment community at 100 Detering St. 

Built in 2014, the property has one-, two- and three-bedroom units ranging from 697 to 1,658 sf. 

Amenities include a central courtyard with a pool, outdoor grilling and dining stations, fitness center, dog park, and a rooftop resident lounge. 

Newmark represented the seller and arranged acquisition financing on behalf of the new owner, who plans to implement a capital improvement program.