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Hunington Properties has sold The Vic at Southwinds, a 265-unit community in Baytown, Texas, to an undisclosed buyer. The property traded for $41.4 million.
The new ownership will rebrand the asset as Vista at Southwinds. In 2019, the community became subject of a fixed-rate $32.2 construction loan originated by Greystone Servicing Corp., the same data provider shows. The note is set to mature in 2061.