SFO Capital Partners expands its US multifamily portfolio with 384-unit acquisition in Houston, Texas

London, May 13^th, 2025 – SFO Capital Partners has announced the acquisition of Rosemary, a 384-unit garden-style apartment community located in The Woodlands, one of Houston’s most affluent and economically vibrant suburbs. The transaction strengthens the firm’s footprint in the U.S. multifamily housing sector and marks its 24th investment in the U.S.

Originally constructed in 2005 and renovated in 2019, Rosemary is currently 95% leased. The property is situated in a thriving employment hub that includes more than 300 companies, over 104,000 employees, and 26 million square feet of office space. The area also hosts the second-largest medical district in the U.S. and is home to major employers such as MD Anderson, ExxonMobil, and Chevron Phillips.

Mohamad Abouchalbak, CEO of SFO Capital Partners commented: “The U.S. multifamily sector is underpinned by structural, long-term undersupply and resilient rental demand, especially in fast-growing metropolitan areas like Houston. We are now seeing a convergence of compelling factors: market repricing, ongoing capital dislocation, and resilient fundamentals, all of which are beginning to present attractive entry points for disciplined investors. Rosemary fits squarely within our strategy of acquiring high-quality assets in dynamic growth corridors with strong long-term outlooks.”

With this acquisition, SFO Capital Partners continues to build on its U.S. housing investment platform, which has deployed over USD 1.5 billion across more than 7,800 units in some of the country’s fastest-growing metro areas. To date, the firm has successfully exited 12 multifamily investments in the U.S., generating a net IRR of over 20% to its investors. SFO remains focused on leveraging demographic and economic tailwinds to capture long-term, risk-adjusted returns.