Greenbriar Chateau sold

The 42-year-old Greenbriar Chateau was sold recently and now the tenants face the harsh reality of moving out from the real estate they called home for some while now.

According to the notice signed by Kaplan Management, the new owner of the building, the tenants got on January 30, the 145-unit complex must be left empty by March 8.

Mike Kaplan, CEO of Kaplan Management said tenants at 4100 Greenbriar will receive full month security-deposit refunds and up to $250 to help with moving costs. Furthermore, the company has put employees on site to help residents find other apartments.

The Houston Chronicle reports Kaplan Management is offering one month’s free rent and waiving security deposits to resident who chose to move to a property the company  manages on Weistheimer.

According to information obtained by the newspaper the building will be teared down and it will start a new life in a new form. The new name of the property will be “District at Greenbriar” and it will feature 250 to 300 high-end apartments, which is scheduled to open in early 2013.

Posted by Istvan Fekete on Feb 6 2012. Filed under Commercial, Housing. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry