Next Wave enters Texas market with acquisition of 73-unit multifamily community
Next Wave Investors, LLC (“Next Wave”) a private equity firm focused on value-add multifamily investments, has entered the Texas market with the acquisition of Shiloh Park Townhomes, a 73-unit multifamily community in Plano, Texas...
Sharpstown Garden Apartments sold to Indus Management
JLL Capital Markets announced that it has closed the sale of the 396-unit Sharpstown Garden Apartments workforce housing property in Southwest Houston. JLL represented the seller, Pryzant Management, to complete the sale to Indus Management. The...
Casey Watts Morgan joins Houston Apartment Association as Chief Executive Officer
Casey Watts Morgan has joined the Houston Apartment Association(HAA), as Chief Executive Officer, replacing recently-retired Jeff Hall, who led the Association for 17 of his 36 years advocating on behalf of rental housing providers...
Institutional Property Advisors closes Dallas-Fort Worth multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Grand on Beach, a 304-unit apartment complex in Haltom City, Texas. “The Haltom City-Meacham submarket continues to be one of...
Institutional Property Advisors brokers sale of 1980s-era multifamily asset in Texas
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Heritage Park, a 204-unit apartment asset in Arlington, Texas. “Previous ownership recently completed unit and community upgrades, leaving minimal deferred maintenance...
Willow Ridge apartments purchased by Alfa TX Investment Group
JLL Capital Markets announced that it has closed the sale and acquisition financing for the garden-style Willow Ridge apartments in Southwest Houston. JLL completed the sale for the seller, Sentinel Capital, to the buyer, Alfa...
Levin Johnston directs $39 million apartment community acquisition in Haltom City, Texas
Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has directed the acquisition of Spring Lake Apartments, a...
Institutional Property Advisors brokers Central Dallas-Fort Worth apartment complex sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Destino, a 192-unit apartment property in Grand Prairie, Texas. “Dallas-Fort Worth, the nation’s fourth-largest metropolitan area, offers competitive advantages for...
Institutional Property Advisors brokers North Texas multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Fountains at Steeplechase, a 368-unit multifamily asset in Plano, Texas. “Located in one of the fastest-growing cities in the country, Fountains...
$49.1 million in refinancing secured for the Millennium at Hometown development
JLL Capital Markets announced that it arranged a $49.1 million refinancing for the Millennium at Hometown, a to-be-completed, Class-A, multihousing project comprising 306 apartments and 11,697 square feet of retail located at 6021 Parker...
CONTI acquires Rustic of McKinney Apartments in McKinney, Texas
CONTI Organization, one of North Texas’ largest private multifamily property owner-operators, has acquired Rustic of McKinney, a 260-unit apartment complex located at 2700 N Brook Drive in McKinney, Texas. This acquisition, CONTI’s 44th in...
East Central Texas apartment complex sale brokered by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Springs at University Drive, a 216-unit multifamily property in Bryan, Texas. “Bryan/College Station was an attractive market to launch in, even...
Luxury multifamily asset sale brokered by Marcus & Millichap in South Texas
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Northshore Place, a 224-unit multifamily property in Portland, Texas. “Portland is the...
The RADCO Companies announces sale of two multifamily properties in San Antonio, Texas
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of a two-building multifamily building portfolio comprised of the City Crest and City Summit apartment communities in San...
Berkshire Property Holdings acquires Dallas multifamily portfolio for $56.8 million
Berkshire Property Holdings has made its second and largest multifamily investment in the Dallas metroplex in the span of eight months with the acquisition of a two-property, 568-unit apartment portfolio in Richardson, Texas for...