The beautiful Mosaic high rise located at 5925 Almeda has recently been purchased as part of the largest single real estate transaction in the history of the US according to Ron Lozoff of Choice Condominiums. After the developer of the twin towers filed for chapter 11 bankruptcy. Lozoff is now managing and selling units in the Mosaic. He says the current homeowners need not worry as the new owners have deep pockets and they are on a mission to sell the remaining units.

One of the unique situations is that the homeowners have to share their pool, club room, fitness center and other common space with the sister lease building known as the Montage. While this is a great deal for the tenants, it’s not so great for the owners at the Mosaic.

There are some beautiful condos in the rental building and they can be had at a relatively low price. You can get a one bedroom for $1350 after prorating 2 months off. A large 2 bedroom can be leased for as low as $2400 per month.

Margie Kaplan is the broker of MK Luxury Homes & Condos and can help you buy or lease in any high rise in the Houston area. For more information on the Montage, Mosaic or any other highrise call (281) 463-6365 Ext. 701.

You can also visit Margie at her website at: www.MargieKaplanHomes.com