Sixth Street and Madera Residential Partner to Recapitalize Houston Multifamily Portfolio

Houston, Texas Aug. 22, 2025 – Sixth Street Real Estate and Madera Residential today announced the recapitalization of a six-property, 1,967-unit, Class-A multifamily portfolio located in Houston, Texas.

The portfolio encompasses six multifamily communities strategically positioned across Houston, including the Medical Center, River Oaks, CityCentre, Montrose, and the Museum District. The portfolio includes Domain at CityCentre, The Lofts at CityCentre, La Maison River Oaks, Chelsea Museum District, Vantage Med Center and The Montrose at Buffalo Bayou.

“Houston multifamily is well-positioned with a favourable supply-demand backdrop which should drive continued rent growth, particularly for high-quality assets within the city’s urban core. We are excited to partner with the Madera Residential team to recapitalize this Houston-based multifamily portfolio,” said Adam Rapport at Sixth Street. “We remain focused on acquiring high-quality assets in supply-constrained markets at a discount to underlying replacement cost and positioning them for long-term growth.”

The partnership between Madera Residential and Sixth Street marks a strategic shift for Madera, expanding beyond its traditional network of high-net-worth investors to also include institutional joint venture partners.

“Houston’s ongoing economic diversification, strong population growth and job expansion make it an appealing market for institutional investment,” said James Kane at Madera Residential. “The combination of our local expertise with Sixth Street’s institutional backing creates a compelling partnership poised to capitalize on the region’s strong fundamentals and we look forward to continued collaboration.”

The JLL Capital Markets team, led by Matt Kafka, Jeremy Sain, and Cameron Cureton, served as Sixth Street’s advisor on the transaction and arranged the financing for the recapitalization.

About Sixth Street

Sixth Street is a global investment firm with over $115 billion in assets under management and committed capital. The firm uses its long-term flexible capital, data-enabled capabilities and One Team culture to develop themes and offer solutions to companies across all stages of growth. Sixth Street Real Estate invests directly in properties, provides solutions across the capital structure—including equity, preferred equity, and debt—and partners with sector-related operating businesses. The firm’s real estate investments span a wide range of asset classes, including residential, office, hospitality, industrial, data centers, retail, and other specialized sectors.

Founded in 2009, Sixth Street has more than 700 team members including over 290 investment professionals around the world¹. For more information, and additional disclosures, visit www.sixthstreet.com, and follow Sixth Street on LinkedIn.

About Madera Residential

Since 2008, Madera Residential has had a proven performance record of providing meaningful returns for investors while transforming apartment complexes into happy and healthy communities. The company believes that in order to add value to a community, one must value people first and foremost. In partnership with accredited investors, dedicated on-site staff and innovative solutions by their emerging technology subsidiary Quext, Madera Residential is transforming apartment complexes into thriving communities that achieve optimal return on investment.

About JLL

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

¹ Total Sixth Street employees as of 07/31/2025