Venterra Realty Completes Acquisition of 247-Unit The Townhomes at Lake Park Rental Community in South Houston Submarket

PEARLAND, TX – Venterra Realty recently acquired The Townhomes at Lake Park community located in Pearland, Texas. The 247-unit garden-style multi-family community is well located in Pearland, Texas, a suburb of South Houston.
Venterra has a long track record in Pearland, having managed St. Andrews Apartments dating back to 2012. This city is also the site of its current development project, The Delta Pearland, which will open in early 2025. Pearland is an affluent area located approximately 10 miles south of the Texas Medical Center and is known for having an excellent school district.
The property consists of multi-level townhome-style apartment homes, all with ground-floor access and most with attached garages. All apartment homes feature modern finishes including stainless steel appliances, granite countertops, full-size washers and dryers, and oversized closets. Residents at The Townhomes at Lake Park can enjoy resort-style amenities including a sparkling pool with a poolside grilling area, a 24/7 fitness center and direct access to Clear Creek Trails.
Venterra will implement its resident-focused programs such as the Live it. Love it. Guarantee., the 48-Hour Maintenance Guarantee, and SMARTLEASING.”
We have seen excellent growth in the Pearland market and are excited to expand our Texas portfolio in Pearland with the addition of The Townhomes at Lake Park,” said John Foresi, CEO of Venterra Realty. “Venterra has become known as a company that is committed to providing a market-leading living experience, and we look forward to identifying opportunities to further enhance the standard of living at The Townhomes at Lake Park by implementing Venterra’s customer-focused management platform,” added Venterra Chairman, Andrew Stewart.