Huntsville, Texas — A joint venture between The Preiss Company and TH Real Estate has acquired The Forum at Sam Houston, a 450-bed student housing community located near the Sam Houston State campus in Huntsville.
The garden-style community offers studio, one-, two- and three-bedroom units with bed-to-bath parity. Shared amenities include a resort-style swimming pool, basketball court, sand volleyball court, clubhouse, cyber café, fitness center, an outdoor lounge with a fireplace and two pet parks. The property is set to undergo substantial renovations this fall, including upgrades to the clubhouse; exterior and interior painting; and the addition of new furniture, flooring and kitchen backsplashes to units. The Preiss Co. will manage the community and oversee renovations. Ryan Lang and Brandon Buell of ARA Newmark brokered the sale. Trent Houchin of NKF Capital Markets also arranged financing for the transaction.