Marcus & Millichap Facilitates Sale of 185-Unit Dallas Asset
Republic Funds sold Newport Landing, which at the time of sale was subject to an existing $9.3 million CMBS loan set to mature in 2028.
Fogelman Acquires GA Community for $34M
The company worked with CBRE in the sale of The Hamptons at East Cobb, a 196-unit community situated 17 miles from downtown Atlanta.
Olympus Property Grows DFW Portfolio
The new owner financed the acquisition of the 248-unit Olympus Team Ranch in Benbrook, Texas, with a $23.1 million, 10-year Freddie Mac loan.
Passco Buys 380-Unit San Antonio Community
Situated within the 1.8 million-square-foot The RIM mixed-use development, Tribute at the Rim grants access to the metro’s major employers.
Oden Hughes Breaks Ground on Houston Project
The developer began construction of a 380-unit luxury community in the Clear Lake suburb. With MXCAP as a major investor, the project is slated for completion in mid-2020.
Phoenix-Area Community Trades for $34M
Virtú Investments sold La Costa at Dobson Ranch, a 194-unit community in Mesa, Ariz. The new owner financed the acquisition through a $22.2 million Freddie Mac loan.
Allied Orion Breaks Ground on San Antonio-Area Community
The Retreat at Creekside is the last property to be constructed within Creekside Town Center, the more than 400-acre master-planned development in the Interstate 35 Corridor.
Baron Properties Sells Phoenix Asset for $9M
The company had owned the 68-unit community in Christown since 2016, when it acquired it for almost half the current price.
Western Wealth Capital Grows AZ Portfolio with $23M Purchase
The investment company financed the acquisition of the 198-unit Artisan Park in Glendale with a $15.1 million Fannie Mae loan.
Hunt Arranges Refi for 940-Unit Houston Affordable Property
The $28.3 million Freddie Mac financing will be used to upgrade interiors of vacant units and add a leasing office and fitness center to The Heights at Post Oak.