10 Largest Multifamily Properties in LA
The metro still enjoys a thriving economy and a fast-growing employment sector. However, facing affordability issues, the city continues to price residents out of the market.
Meridian Secures Financing for 24-Building Dallas Community
Seth Grossman and Sarah Kuebler of Meridian Capital Group arranged a $20.5 million loan for the 288-unit Dallas multifamily property.
Dougherty Closes Acquisition Loan for Dallas-Area Community
Working on behalf of Spanish Chase LLC, Dougherty Mortgage secured a $4 million loan for the acquisition of a 77-unit community in Irving, Texas.
GFI Acquires Newly Built Dallas-Area Community
Davis Development sold Venue Craig Ranch, a 277-unit, garden-style multifamily property in McKinney, Texas. The buyer is an affiliate of GFI Capital Resources.
Kettler Announces New President
As the newly appointed president of the property management division, David Ohlrich will replace Cindy Clare and report directly to COO Usha Chaudhary.
Dougherty Arranges Loan for 136-Unit Buy
Dougherty Mortgage closed an $8 million loan for the acquisition of a 136-unit community in Balch Springs, Texas. The national mortgage banking firm represented the borrower.
S2 Capital Buys 2 Houston Communities
S2 Capital acquired Avalon at Royal Oaks and Village at Uvalde from One Real Estate Investment. The two properties, totaling 882 units, traded for more than $60 million.
Walker & Dunlop Welcomes New SVP
Chris Harris will be responsible for nationwide structured finance and equity placement. He joins the company from Criterion Development Partners, where he served as principal & CFO.
Far North Dallas 420-Unit Community Lands Refi
Working on behalf of Lantower Residential, HFF arranged a 10-year, fixed-rate loan for The Cortona, a 420-unit multifamily property in Fairview, Texas.
Dougherty Secures Acquisition Loan in Dallas
Dougherty Mortgage closed a $5.3 million Fannie Mae loan for the acquisition of a market-rate community in Dallas. Dougherty’s Minneapolis and Vienna, Va., offices arranged the financing through a partnership with Old Capital Lending.