North Dallas multihousing property refinanced
JLL Capital Markets announced that it has arranged the refinancing of Advenir on Addison, a 264-unit, garden-style multihousing property in North Dallas. JLL worked on behalf of the borrower, Advenir, to secure the seven-year, fixed-rate...
JLL arranges sale, financing of Conroe, Texas, apartment property
JLL Capital Markets announce that it has closed the sale of and arranged acquisition financing for The Loop Apartments, a 188-unit, Class A luxury apartment community in Conroe, Texas. JLL marketed the property exclusively on...
Jonathan Rose Companies and Columbia Residential acquire city views at Rosa Burney Park
A joint venture of Jonathan Rose Companies and Columbia Residential, in conjunction with neighborhood non-profit SUMMECH Community Development Corp., has acquired City Views at (City Views), a 181-unit family Section 8 and LIHTC community in the rapidly...
JLL arranges construction loan for first phase of The Riverfront development in Waco, Texas
JLL Capital Markets announced that it has arranged construction financing for The Riverfront Lofts, a 266-unit, Class A multihousing project, which will be the first phase of The Riverfront mixed-use waterfront district in downtown...
Pamela McGlashen joins Kaplan as president of management
Kaplan, a vertically integrated multifamily development, management and investment firm headquartered in Houston, TX with regional offices in Irvine, CA, Phoenix, AZ and Tampa, FL, today announced that Pamela McGlashen has joined its executive...
Westmount Realty Capital acquires River Park, a 27-building multifamily community in Fort Worth
Westmount Realty Capital, LLC announced the acquisition of River Park, a 280-unit, garden-style multifamily community located at 3309 River Park Dr. in southwest Fort Worth. Built in 1985, this well-maintained, 27-building community sits on...
Westmount Realty Capital acquires River Park, a 27-building multifamily community in Fort Worth
Westmount Realty Capital, LLC announced the acquisition of River Park, a 280-unit, garden-style multifamily community located at 3309 River Park Dr. in southwest Fort Worth. Built in 1985, this well-maintained, 27-building community sits on...
Mesa West Capital originates $33.5 million loan for acquisition of Austin, Texas apartment community
Mesa West Capital has provided Austin, TX-based real estate investment firm Wildhorn Capital with $33.5 million in short-term, first mortgage debt for the acquisition of a 284-unit multifamily community in Austin, TX. The five-year, floating...
Camden Property Trust establishes Resident Relief Fund for COVID-19 pandemic
Camden Property Trust announced it has established a $5 million Resident Relief Fund for Camden residents experiencing financial losses caused by the COVID-19 pandemic. “While the full impact of COVID-19 on our country is still...
Metroplex multifamily asset sold by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Rio on the Parkway, a 304-unit apartment property in Arlington, Texas. “The...
Metroplex apartment complex sale totaling 274 units brokered by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Copper Creek, a 274-unit apartment complex in Fort Worth, Texas....
Nova Capital secures $27.385 million in acquisition financing for 255-unit class a multifamily community...
Nova Capital, a Los Angeles-based real estate capital advisory firm, has secured $27.385 million in debt and equity financing on behalf of Darwin German Real Estate, a full service real estate investment firm that...
JLL arranges sale, financing for Houston seniors housing property
JLL Capital Markets announced that it has closed the sale of and arranged financing for The Gardens at Spring Shadows, a 384-unit independent living community in Houston’s Spring Branch submarket. JLL served as the seller’s...
Lynd Acquisitions Group closes on value-add multifamily portfolio in Texas in excess of $150...
Lynd Acquisitions Group (“LAG”), a San Antonio-based real estate investment firm, has acquired a portfolio of three garden-style apartment communities in Texas and paid in excess of $150 million. One property is in Houston...
Suburban Houston midrise apartment asset sold by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Towers at Clear Lake, a 216-unit multifamily property in the Clear Lake suburb of Houston, Texas. “Investors nationwide, including institutional groups,...