Residents of the Georgian Apartments in Highland Village are still up in the air about a possible sale of the 1965 courtyard complex, which sits just behind the Cadence Bank building at the corner of Westheimer and Weslayan. Last July, the River Oaks Management Company sent residents of the apartment for the over-55 set a notice indicating that an agreement to sell the 3.4-acre property had been reached and that the closing date would be in December. Residents heard rumors of a 40-story highrise planned for the site. Then in mid-December, according to a source, word came that the sale was off and that no other buyer had expressed interest.
But shortly after Christmas came another twist: the unidentified prospective purchaser has been granted an extension. “Closing would likely occur in early spring if the purchaser is satisfied with their final evaluations and decides to go forward with the purchase,” reads the latest note sent to residents.
Even though the location isn’t specified, there’s enough detail in 
A note on the purchase of 2 Houston apartment complexes by Atlanta’s Radco Companies noted in this morning’s roundup of Headlines: 
Good morning! It’s 2015, oil is already checking out the territory south of $50 a barrel, and Swamplot is ready to begin its coverage of cancellation and delay announcements from real estate developers. We’ll start this one gently, with an Inside the Loop project you probably hadn’t even heard of — though its name certainly sounds familiar: The developers of Chelsea Museum District, a proposed apartment complex atop a podium garage with a bit of retail thrown in planned for the north side of Blodgett St. between Crawford and La Branch, tell the HBJ‘s Paul Takahashi they are “
Here’s your photo proof that the construction crane for Hanover’s new 
Update, 12/19/2016: A representative from Midway tells Swamplot that Midway didn’t buy the complex — it’s just been managing it for the folks who did (the Gordy family). This article has been updated. 
