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Eastham Capital closed the disposition of Kensington Crossings, a 254-unit apartment community, and Morgan Bay, a 268-unit apartment community, both in Houston, Texas.

Kensington Crossings was acquired in 2018 and Morgan Bay in 2019, for the portfolio of Eastham Capital Fund V, LP, as a joint venture between Mosaic Residential and Eastham Capital. The sale prices were not disclosed.

Kensington Crossing Apartments includes a mix of one-, two-, and three-bedroom units ranging from 759 to 1317 square feet.  Morgan Bay Apartments includes a mix of one and two-bedroom units ranging from 561 to 1042 square feet.