New private equity firm eyes Houston apartment market

A new Austin-based private equity company has set its eyes on Houston’s apartment market.

Casoro Capital LLC, a new real estate investment firm based in Austin, plans to raise $50 million in private equity to acquire Class B and C apartments in Austin, Dallas, Houston and San Antonio. The new fund — Casoro Capital Real Estate Fund I LP — will target high net worth individuals, family offices and public institutions, like state and city employee pension funds.

Casoro Capital is in negotiations…