Thursday, May 16, 2024

Midwest-South region

Midwest-South region includes: Alabama, Arkansas, Kentucky, Louisiana, Mississippi, Oklahoma, Tennessee and Texas.

Rancho Mirage Apartments

TruAmerica Multifamily acquires 310-unit apartment community in Dallas/Ft. Worth.

TruAmerica Multifamily has built its portfolio in Texas to nearly 3,000 units in less than 18 months with the acquisition of Rancho Mirage, a 310-apartment home community in the Dallas/Fort Worth submarket of Irving. Rancho...
Palencia Apartment Homes

Magma Equities boosts Dallas/Ft. Worth MF holdings to 1,259 units with fourth acquisition in...

Magma Equities (Magma), in a joint venture with funds managed by Franklin Templeton, has acquired Palencia Apartment Homes, a 281-unit apartment community in north Dallas, its fourth multifamily investment in the Dallas/Ft. Worth metro...
The Cooper

Institutional Property Advisors brokers 390-unit Fort Worth multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Cooper, a 390-unit multifamily asset in Fort Worth, Texas. “Completed in 2021, The Cooper is a fully stabilized asset located...
Cavalli at Iron Horse Station

American Landmark acquires Fort Worth apartments

American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Cavalli at Iron Horse Station, a brand-new, 328-unit apartment community located in the Fort Worth submarket of North...
Heights of Cityview

Institutional Property Advisors negotiates Fort Worth multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Heights of Cityview, a 344-unit multifamily property in Fort Worth, Texas. “Built in 1998, previous ownership renovated most units and...

Berkadia arranges financing for Eagle Property Capital’s three-property portfolio in Dallas, Texas

Berkadia announces it has arranged the financing of a three-property portfolio totaling 840 units in Dallas, Texas: Mustang Villas Apartments, Prestonwood Apartment Homes and Bella Vista. Managing Director Brad Williamson of Berkadia Miami, along...
Esperanza Apartments

The Lynd Group acquires newly built apartment community in San Antonio for $49 million

The Lynd Group has acquired a newly constructed garden-style apartment community in San Antonio, Texas for $49 million. The 244-unit Esperanza Apartments is in the Far West submarket near Highway 211 and close to...
Arbor Pointe at Hillcrest

Cushman & Wakefield arranges $18.3 million sale of Arbor Pointe at Hillcrest

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Arbor Pointe at Hillcrest, a 218-unit apartment community located in the Hillcrest neighborhood of Little Rock. The sale...
Merit

Berkadia secures capital partner for Legacy Partners’ 296-residence mixed-use community in Dallas-Fort Worth Metro...

Berkadia announces it has identified and secured a JV equity partner for Legacy Partners to develop Merit, a 296-residence mixed-use community in Lewisville, a suburban market located north of Dallas, Tex. Chinmay Bhatt, Cody...
Kevin Hickman

High Street Residential hires Kevin Hickman as SVP focused on multifamily development in Dallas

High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, announces that Kevin Hickman has joined the firm as Senior Vice President. In this role, Kevin is responsible for the origination, underwriting, financing,...
La Cima

Trez Capital commits to 304-unit development project in San Marcos, Texas

Trez Capital announces the closing of an equity investment in partnership with Thompson Realty Capital, LLC for the development of a garden-style multifamily project in San Marcos to be called La Cima. With a...
Verandas at Shavano

Institutional Property Advisors brokers Northwest San Antonio apartment asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Verandas at Shavano, a 288-unit multifamily asset in the Far Northwest submarket of San Antonio, Texas. “San Antonio’s high quality of...
Country Place Apartments

The Multifamily Group brokers 137 units in Killeen, Texas

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week that it had facilitated the sale of Country Place Apartments in Killeen. Jon Krebbs represented the seller and procured the...
Arioso

Institutional Property Advisors negotiates Metroplex Apartment Asset Sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Arioso, a 288-unit multifamily property in Grand Prairie, Texas. “Arioso’s location between Downtown Dallas and Downtown Fort Worth gives its residents...
The Travis

Construction financing secured for Austin high-rise multihousing development

JLL Capital Markets announced that it secured construction financing for The Travis, a 423-unit, high-rise multihousing community located in the Rainey Street District of downtown Austin, Texas. JLL worked on behalf of the borrower, Genesis...
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