IPA brokers Metroplex multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Villas Central Park, a 249-unit multifamily property in Grand Prairie, Texas. “Villas at Central Park achieved stabilization within an impressive timeframe...
Two-property apartment portfolio trades hands in Southwest Houston
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of the Southwest Two Pack, a 412-unit, two-property multifamily portfolio. “The buyer...
McNair interests announces transformative mixed-use project in Houston’s Uptown District
Today McNair Interests, a private investment and management company, revealed plans to transform a vacant six-acre site in the heart of Houston’s Uptown District into a luxury mixed-use project. Centrally located at the intersection...
IPA brokers two-property West Texas multifamily portfolio sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of a two-property Texas multifamily portfolio totaling 568 units. The properties are Sundance Creek, a 300-unit community in Midland and Sedona...
Coastal Texas multifamily value-add asset sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Sendera Baypoint, a 350-unit multifamily asset on Oso Bay in Corpus Christi, Texas. “The property’s historically strong performance and recent upgrades...
IPA brokers luxury Texas multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Twin Creeks at Alamo Ranch, a 300-unit luxury multifamily asset in San Antonio, Texas. “The San Antonio multifamily market continues to...
Dallas adopts its first housing policy
This week the Dallas City Council approved its first-ever housing policy intended to help remedy its affordable housing shortage, a deficiency estimated to be around 20,000 units. The plan attributes the shortfall to the...
Kairoi Residential continues expansion in multifamily; acquiring assets in San Antonio and Houston
Kairoi Residential is pleased to announce their most recent acquisitions: a portfolio of four San Antonio, Texas assets and a single asset in The Heights neighborhood of Houston, Texas. Kairoi sourced the San Antonio value-add...
StreetLights Residential breaks ground on second Northwest Austin community, The Elizabeth
StreetLights Residential, a design-focused multifamily and mixed-use developer, recently broke ground on a luxury multifamily community, The Elizabeth at Presidio. StreetLights’ first development in this growing northwest Austin neighborhood, The Michael at Presidio, a...
New grant program will provide up to $1.6 million to Texas nonprofits to accelerate...
Nonprofits providing critical home repairs and other housing assistance to low-income Texas families affected by Hurricane Harvey can apply for grants from a new program launching this week. The Housing and Economic Assistance to Rebuild Texas...
2,369 multifamily units valued at $192.46 million closed by Marcus & Millichap’s Fluellen-Hoover Multifamily...
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the Fluellen-Hoover multifamily investment sales team closed 14 multifamily properties with a total...
Value-add asset in north Fort Worth Texas sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Hidden Lakes Apartments, a 312-unit multifamily asset in Fort Worth, Texas. “Built in 1996, Hidden Lakes is a low-density property that...
Two central Texas multifamily assets sold by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of two multifamily properties in Waco, Texas. They are 214-unit Tinsley...
IPA closes $317 million in Texas multifamily sales
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the completion of 12 multifamily transactions in Texas totaling 3,699 units in the first two months of 2018. The cumulative sales price was...
WINLYND acquires distressed note on 384-bed student housing community in Texas
WINLYND, LLC has acquired the distressed bank note on a 384-bed student housing community in Beaumont, Texas and subsequently took ownership of the property following a foreclosure auction. The purchase price was not disclosed. Village...