Grayco Partners has formed a partnership with Camden Property Trust to build multifamily projects.

The Houston-based real estate development firm said the investment agreement with Houston-based Camden Property is to identify, acquire and develop projects.

National Real Estate Firm to Develop Multifamily Projects in Target U.S. Markets

HOUSTON, March 10 /PRNewswire-FirstCall/ -- Grayco Partners, a national multifamily real estate development firm specializing in well-designed properties in major U.S. markets, today announced an investment agreement with Camden Property Trust to identify, acquire and develop multifamily projects. Initial developments under the Grayco-Camden agreement will include two planned communities in Houston, TX - Braeswood Place (344 units) and The Belle Meade at River Oaks (119 units).

New real estate firm teams up with Camden Property Trust

By NANCY SARNOFF
Copyright 2007 Houston Chronicle

A newly formed Houston real estate firm has aligned itself with Camden Property Trust to develop apartment and mixed-use developments across the country.

Grayco Partners, led by former Finger Cos. executive Jeff Gray, and Houston-based Camden have pooled $90 million in equity that could grow to $140 million, supporting more than a half-billion dollars worth of development.

Houston firm joins others as building boom spreads east

A Houston-based firm plans to build a mixed-use project on land near East Riverside Drive and South Lakeshore Boulevard, one of almost a dozen developments proposed for the area as the demand for urban living spreads east.

Houston developer wants to create a new district with shops, apartments and condos

A Houston developer plans to replace a 50-acre stretch of low-rise apartments and aging shops on East Riverside Drive in Austin with a compact district of townhouses, apartments and retail in what would be the biggest redevelopment yet along the quickly changing corridor.